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Welfarism in specific economic domain

Author

Listed:
  • Miguel Ginés Vilar

    (Universitat Jaume I)

  • Francisco Marhuenda Hurtado

    (Universidad Carlos III de Madrid)

Abstract

In economies with public goods, and agents with quasi-linear preferences, we give a characterization of the welfare egalitarian correspondence in terms of three axioms: Pareto optimality, symmetry and solidarity. This last property requires that an improvement in the ability to exploit the public goods of some of the agents not decrease the welfare of any of them.

Suggested Citation

  • Miguel Ginés Vilar & Francisco Marhuenda Hurtado, 1998. "Welfarism in specific economic domain," Working Papers. Serie AD 1998-06, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    • Handle: RePEc:ivi:wpasad:1998-06
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    File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-1998-06.pdf
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    References listed on IDEAS

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    Keywords

    Public goods; welfare egalitarian;

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