Axiom Content: Punctual Requirements on Welfare Distribution

William Thomson ()
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William Thomson: University of Rochester

Chapter Chapter 6 in The Axiomatics of Economic Design, Vol. 1, 2023, pp 107-141 from Springer

Abstract: Abstract We’ll begin with a variety of bounds on people’s assignments or welfare. Some will be lower bounds; others upper bounds. Some will be based on comparisons to equal division; others on references to counterfactual economies in which everyone has the same preferences or that have a hypothetical technology. Next will be concepts based on interpersonal comparisons of assignments. Starting with order preservation ideas, we’ll move to the concepts of no-envy and egalitarian-equivalence, together with variants of these fundamental notions.

Date: 2023
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DOI: 10.1007/978-3-031-29398-6_6

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