THE PARETO PRINCIPLE OF OPTIMAL INEQUALITY
Antoine Bommier and
Stéphane Zuber
International Economic Review, 2012, vol. 53, issue 2, 593-608
Abstract:
The Pareto principle is often viewed as a mild requirement compatible with a variety of value judgments. In particular, it is generally thought that it can accommodate different degrees of inequality aversion. We show that this is generally not true in time‐consistent intertemporal models where some uncertainty prevails.
Date: 2012
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https://doi.org/10.1111/j.1468-2354.2012.00693.x
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Working Paper: The Pareto principle of optimal inequality (2009) 
Working Paper: The Pareto Principle of Optimal Inequality (2009) 
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