About the Right Weight of the Social Welfare Function when Needs Differ
Alain Trannoy
No 304, IDEP Working Papers from Institut d'economie publique (IDEP), Marseille, France
Abstract:
When equivalence scales are used to compute the well-being of individuals, two possible weighting methods of the different household types have been proposed, the first one resorts to the family size and the second to the equivalence scale itself. The latter is criticized on the ground that it does not respect an anonymity axiom. We show that this criticism vanishes in the standard microeconomic setting.
Keywords: social welfare; equivalence scale; weights; anonymity; indirect utility function (search for similar items in EconPapers)
JEL-codes: D13 D63 I3 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2003-04
New Economics Papers: this item is included in nep-mic
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:iep:wpidep:0304
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