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On relative egalitarianism

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  • Yves Sprumont

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Abstract

We reconsider the problem of aggregating individual preference orderings into a single social ordering when alternatives are lotteries and individual preferences are of the von Neumann–Morgenstern type. Relative egalitarianism ranks alternatives by applying the leximin ordering to the distributions of 0–1 normalized utilities they generate. We propose an axiomatic characterization of this aggregation rule. Copyright Springer-Verlag 2013

Suggested Citation

  • Yves Sprumont, 2013. "On relative egalitarianism," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(4), pages 1015-1032, April.
  • Handle: RePEc:spr:sochwe:v:40:y:2013:i:4:p:1015-1032
    DOI: 10.1007/s00355-012-0653-7
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    References listed on IDEAS

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    Cited by:

    1. Bossert, Walter & Sprumont, Yves, 2014. "Strategy-proof preference aggregation: Possibilities and characterizations," Games and Economic Behavior, Elsevier, vol. 85(C), pages 109-126.
    2. Walter Bossert & Yves Sprumont, 2012. "Strategy-proof Preference Aggregation," Cahiers de recherche 12-2012, Centre interuniversitaire de recherche en économie quantitative, CIREQ.

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