Utilitarianism and equality for quasilinear or Gorman-form preferences
Joaquim Silvestre
Social Choice and Welfare, 2014, vol. 42, issue 4, 791 pages
Abstract:
The paper shows that if utility is cardinally measurable and fully interpersonally comparable, if costless lumpsum transfers are possible, and if the utility profile satisfies (a) a happier person has lower marginal utility of the numeraire or wealth, and (b) “everybody is equally unhappy in hell,” then the utilitarian criterion is egalitarian for quasilinear economies or Gorman-form preferences. Copyright Springer-Verlag Berlin Heidelberg 2014
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sochwe:v:42:y:2014:i:4:p:781-791
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DOI: 10.1007/s00355-013-0760-0
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