A Strong Incompatibility Between Efficiency and Equity in Non-Convex Economics

Francois Maniquet

RCER Working Papers from University of Rochester - Center for Economic Research (RCER)

Abstract: In allocation problems of perfectly divisible goods, we study the equity property of 'no-domination', according to which no agent can receive strictly more of all goods than any other agent. We prove that no-domination is incompatible with Pareto efficiency, as soon as preferences are allowed to be non-convex.

Keywords: ALLOCATION; EQUITY; ECONOMIC MODELS (search for similar items in EconPapers)
JEL-codes: D60 D61 (search for similar items in EconPapers)
Pages: 9 pages
Date: 1996
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Journal Article: A strong incompatibility between efficiency and equity in non-convex economies (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:roc:rocher:426

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