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Multidimensional Pigou–Dalton transfers and social evaluation functions

Marcello Basili (), Paulo Casaca (), Alain Chateauneuf () and Maurizio Franzini
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Paulo Casaca: Federal University of Minas Gerais
Maurizio Franzini: University of Rome La Sapienza

Theory and Decision, 2017, vol. 83, issue 4, 573-590

Abstract: Abstract We axiomatize, in the multidimensional case, a social evaluation function that can accommodate a natural Pigou–Dalton principle and correlation increasing majorization. This is performed by building upon a simple class of inframodular functions proposed by Müller and Scarsini under risk.

Keywords: Multidimensional inequality; Pigou–Dalton transfer; Inframodular functions; Increasing majorization; Human Development Index (search for similar items in EconPapers)
Date: 2017
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Working Paper: Multidimensional Pigou-Dalton Transfers and Social Evaluation Functions (2016) Downloads
Working Paper: Multidimensional Pigou-Dalton Transfers and Social Evaluation Functions (2016) Downloads
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