Resource egalitarianism with a dash of efficiency

Yves Sprumont ()

Journal of Economic Theory, 2012, vol. 147, issue 4, 1602-1613

Abstract: We study the problem of defining inequality-averse social orderings over allocations of commodities when individuals have different preferences. We formulate a notion of egalitarianism based on the axiom that any dominance between consumption bundles should be reduced. This Dominance Aversion requirement is compatible with Consensus, a version of the Pareto principle saying that an allocation y is better than x whenever everybody finds that everyoneʼs bundle at y is better than at x. We characterize a family of multidimensional leximin orderings satisfying Dominance Aversion and Consensus.

Keywords: Multidimensional egalitarianism; Leximin; Efficiency (search for similar items in EconPapers)
JEL-codes: D63 D71 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (17)

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Related works:
Working Paper: Resource Egalitarianism with a Dash of Efficiency (2007)
Working Paper: Resource Egalitarianism with a Dash of Efficiency (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jetheo:v:147:y:2012:i:4:p:1602-1613

DOI: 10.1016/j.jet.2010.07.009

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