Welfare egalitarianism in non-rival environments.

We study equity in economies where a set of agents commonly own a technology producing a non-rival good from their private contributions. A social ordering function associates to each economy a complete ranking of the allocations. We build social ordering functions satisfying the properties that ind...

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Publicado en:Journal of Economic Theory Vol. 120; no. 2; pp. 155 - 175
Autores principales: Maniquet, François, Sprumont, Yves
Formato: Artículo
Publicado: Academic Press Inc. February 2005
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      dt: February 2005
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      pub: Academic Press Inc.
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        10.1016/j.jet.2004.02.004
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        atl: Welfare egalitarianism in non-rival environments.
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          Maniquet, François
          Sprumont, Yves
      su:
        Welfare economics
        Resource allocation -- Mathematical models
        Social order
      sug:
        subj:
          Welfare economics
          Resource allocation -- Mathematical models
          Social order
      ab: We study equity in economies where a set of agents commonly own a technology producing a non-rival good from their private contributions. A social ordering function associates to each economy a complete ranking of the allocations. We build social ordering functions satisfying the properties that individual welfare levels below the stand-alone lower bound (respectively, above the unanimity upper bound) should be increased (respectively, reduced). Combining either property with efficiency and robustness properties with respect to changes in the set of agents, we obtain a kind of welfare egalitarianism based on a constructed numerical representation of individual preferences. Copyright (c) 2004 Elsevier (USA)
      pubtype: Academic Journal
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    language: English
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