Laissez-faire or full redistribution?

Ricardo Martinez () and Juan Moreno-Ternero

Economics Letters, 2022, vol. 218, issue C

Abstract: We explore the implications of three basic and intuitive axioms for income redistribution problems: equal treatment of equals, additivity and stability. We show that the combination of the three axioms characterizes two focal and polar rules: laissez-faire and full redistribution.

Keywords: Redistribution problems; Laissez-faire; Full redistribution; Equal treatment of equals; Additivity; Stability (search for similar items in EconPapers)
JEL-codes: D63 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:218:y:2022:i:c:s0165176522002701

DOI: 10.1016/j.econlet.2022.110756

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