Welfarism in specific economic domain

Miguel Ginés Vilar () and Francisco Marhuenda ()
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Miguel Ginés Vilar: Universitat Jaume I
Authors registered in the RePEc Author Service: Miguel Gines-Vilar ()

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: In economies with public goods, and agents with quasi-linear preferences, we give a characterization of the welfare egalitarian correspondence in terms of three axioms: Pareto optimality, symmetry and solidarity. This last property requires that an improvement in the ability to exploit the public goods of some of the agents not decrease the welfare of any of them.

Keywords: Public goods; welfare egalitarian (search for similar items in EconPapers)
Pages: 16 pages
Date: 1998-04
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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:1998-06

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