Equivalence of Resource/Opportunity Egalitarianism and Welfare Egalitarianism in Quasilinear Domains
We study the allocation of indivisible goods when monetary transfers are possible and preferences are quasilinear. We show that the only allocation mechanism (upto Pareto-indifference) that satisfies the axioms supporting resource and opportunity egalitarianism is the one that equalizes the welfares. We present alternative characterizations, and budget properties of this mechanism and discuss how it would ensure fair compensation in government requisitions and condemnations.
|Date of creation:||Jan 2010|
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