Utilitarianism and equality for quasilinear or Gorman-form preferences

The paper shows that if utility is cardinally measurable and fully interpersonally comparable, if costless lumpsum transfers are possible, and if the utility profile satisfies (a) a happier person has lower marginal utility of the numeraire or wealth, and (b) “everybody is equally unhappy in hell,” then the utilitarian criterion is egalitarian for quasilinear economies or Gorman-form preferences. Copyright Springer-Verlag Berlin Heidelberg 2014

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Year of publication:	2014
Authors:	Silvestre, Joaquim
Published in:	Social Choice and Welfare. - Springer. - Vol. 42.2014, 4, p. 781-791
Publisher:	Springer

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010998906