No-Envy Arrow's Conditions
V. Denicol
Authors registered in the RePEc Author Service: Vincenzo Denicolo' ()
Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna
Abstract:
This paper studies the relationship between the theory of distributive justice based on the concept of envy-freeness and Arrovian social choise theory. We define two conditions of No-envy and study their relationship with Arrow' scondition of independence of irrelevant alternatives, a weakening of this condition called Personal States Independence and the condition of Minimal Equity, that says that each individual must have the power to veto (in a limited sense) at least one alternative (presumably, one alternative which is particularly unfair to him).
Date: 1996-01
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Persistent link: https://EconPapers.repec.org/RePEc:bol:bodewp:243
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