Comparisons of heterogeneous distributions and dominance criteria

Autor:	Patrick Moyes
Rok vydání:	2012
Předmět:	Economics and Econometrics Dominance (economics) Welfarism Unanimity Utilitarianism Economics Econometrics Normative Normative analysis Marginal distribution Social welfare function
Zdroj:	Journal of Economic Theory. 147:1351-1383
ISSN:	0022-0531
Popis:	We are interested in the comparisons of standard-of-living across societies when observations of both income and household structure are available. We generalise the approach of A.B. Atkinson and F. Bourguignon (1987) [3] to the case where the marginal distributions of needs can vary across the household populations under comparison. We assume that a sympathetic observer uses a utilitarian social welfare function in order to rank heterogeneous income distributions. Insofar as any individual can play the role of the observer, we take the unanimity point of view according to which the plannerʼs judgements have to comply with a certain number of basic normative principles. We impose increasingly restrictive conditions on the householdʼs utility function and we investigate their effects on the resulting rankings of the distributions. This leads us to propose four dominance criteria that can be used for providing an unambiguous ranking of income distributions for heterogeneous populations.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::5a3c95507f8e5f3cc8867954758457a0 https://doi.org/10.1016/j.jet.2011.12.001 Zobrazit plný text záznamu Full Text from ScienceDirect