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Policy Discrimination with and without Interpersonal Comparisons of Utility

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  • Michael Mandler

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  • Michael Mandler, 2007. "Policy Discrimination with and without Interpersonal Comparisons of Utility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(3), pages 523-549, September.
    • Handle: RePEc:spr:joecth:v:32:y:2007:i:3:p:523-549
    DOI: 10.1007/s00199-006-0122-6
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    References listed on IDEAS

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    1. Wayne Shafer & Hugo Sonnenschein, 1976. "Equilibrium with Externalities," Discussion Papers 145, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    2. Holmstrom, Bengt & Myerson, Roger B, 1983. "Efficient and Durable Decision Rules with Incomplete Information," Econometrica, Econometric Society, vol. 51(6), pages 1799-1819, November.
    3. McCain, Roger A, 1972. "Distributional Equality and Aggregate Utility: Further Comments," American Economic Review, American Economic Association, vol. 62(3), pages 497-500, June.
    4. Michael Mandler, 2000. "Interpersonal comparisons of utility and the policy paralysis problem," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 17(1), pages 95-115.
    5. Guesnerie,Roger, 1998. "A Contribution to the Pure Theory of Taxation," Cambridge Books, Cambridge University Press, number 9780521629560.
    6. John C. Harsanyi, 1953. "Cardinal Utility in Welfare Economics and in the Theory of Risk-taking," Journal of Political Economy, University of Chicago Press, vol. 61, pages 434-434.
    7. R. G. Lipsey & Kelvin Lancaster, 1956. "The General Theory of Second Best," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 24(1), pages 11-32.
    8. Shafer, Wayne & Sonnenschein, Hugo, 1976. "Equilibrium with Externalities, Commodity Taxation, and Lump Sum Transfers," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 17(3), pages 601-611, October.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875, January.
    2. Mandler, Michael, 2014. "Indecisiveness in behavioral welfare economics," Journal of Economic Behavior & Organization, Elsevier, vol. 97(C), pages 219-235.
    3. Paul Oslington, 2012. "General Equilibrium: Theory and Evidence," The Economic Record, The Economic Society of Australia, vol. 88(282), pages 446-448, September.

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    More about this item

    Keywords

    Welfare theorems; Pareto optimality; Optimal taxation; Policy paralysis; Ignorance priors; D50; D63; D81;
    All these keywords.

    JEL classification:

    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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