Kot, Stanisław Maciej; Paradowski, Piotr R. - 2024
Research background: Applied welfare economics offers various social welfare functions (SWF) for appraising income … distributions. Social planners commonly use two SWFs: SWFε implied by income inequality aversion (ε) and SWFv implied by rank … in a given income distribution. Purpose of the article: We search for the combinations of ε and v that guarantee …