A characterization of maximin

Kristof Bosmans and Erwin Ooghe ()
Additional contact information
Erwin Ooghe: Katholieke Universiteit Leuven

Economic Theory Bulletin, 2013, vol. 1, issue 2, No 7, 156 pages

Abstract: Abstract We characterize maximin on the basis of anonymity, continuity, weak Pareto and weak Hammond equity. In contrast to the standard Hammond equity axiom, weak Hammond equity supports only utility transfers that unambiguously diminish overall inequality.

Keywords: Maximin; Leximin; Hammond equity (search for similar items in EconPapers)
JEL-codes: D63 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://link.springer.com/10.1007/s40505-013-0017-1 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:etbull:v:1:y:2013:i:2:d:10.1007_s40505-013-0017-1

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/40505

DOI: 10.1007/s40505-013-0017-1

Access Statistics for this article

Economic Theory Bulletin is currently edited by Nicholas C. Yannelis

More articles in Economic Theory Bulletin from Springer, Society for the Advancement of Economic Theory (SAET) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().