Showing 1 - 2 of 2
When incorporating differences in household characteristics, the choice of equivalence scale can affect the ranking of income distributions. An alternative approach was pioneered by A.B. Atkinson and F. Bourguignon (G.R. Feiwel (Ed.), Arrow and the Foundation of the Theory of Economic Policy,...
Persistent link: https://www.econbiz.de/10010335395
We provide a characterization of the generalised satisfaction - in our terminology nondeprivation - quasi-ordering introduced by S.R. Chakravarty (Keio Economic Studies 34 (1997), 17-32) for making welfare comparisons based on the absence of deprivation. We show that the non-deprivation...
Persistent link: https://www.econbiz.de/10010335534