A Comparison of Social Welfare Functions Using the Gini Coefficient
Andreas Darmann (),
Daniel Eckert () and
Christian Klamler ()
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Andreas Darmann: University of Graz, Austria
Daniel Eckert: University of Graz, Austria
Christian Klamler: University of Graz, Austria
No 2024-24, Graz Economics Papers from University of Graz, Department of Economics
Abstract:
In this paper we use rank information to construct a measure of preference satisfaction by collective decision rules and to compare the Borda rule with the plurality rule with respect to the inequality their outcome induces. While the construction of our measure of preference satisfaction is formally equivalent to Borda utilities, it turns out that, with respect to equality, the Borda rule is not necessarily superior to plurality rule for the case of more than three alternatives.
Keywords: Gini coefficient; Inequality; Borda; Plurality. (search for similar items in EconPapers)
JEL-codes: D63 D70 D71 (search for similar items in EconPapers)
Date: 2024-12
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