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We examine individuals’ distributional orderings in a number of contexts. This is done by using a questionnaire-experiment that is presented to respondents in any one of seven “flavors” or interpretations of the basic distributional problem. The flavors include inequality, risk, social...
Persistent link: https://www.econbiz.de/10010988748
In 1981, the property of self-supporting preferences was shown to be a sufficient condition to circumvent Sen's famous impossibility result on Paretian liberalism. A similar condition was proposed by Dougherty and Edward in a very recent issue of this journal. The present comment sheds light on...
Persistent link: https://www.econbiz.de/10015166255