Showing 1 - 10 of 28
leximin and utilitarianism by means of equity conditions well-known from the finite setting, and (2) illustrate the problem of …
Persistent link: https://www.econbiz.de/10005370861
requirements for the leximin solution to support non-decreasing welfare over time, and a non-decreasing level of the natural …-Douglas, the leximin solution involves increasing utilities over time and an increasing size of the natural resource, if the rate …
Persistent link: https://www.econbiz.de/10005464028
This note provides an alternative derivation of the leximin principle using the framework of Harsanyi’s (1953) equi …-probability model. We demonstrate that the leximin principle is concluded if and only if the preference ordering of the impartial …
Persistent link: https://www.econbiz.de/10010784997
. It is shown that the leximin social welfare ordering can be expressed in terms of a ranking of distributions on the sole …. Leximin thus exhibits extreme bottom-sensitivity. This property does not withstand that leximin prefers a larger size of the … terms of degrees of dominance of the lower parts of the ordinary and absolute Lorenz curves that are accepted by leximin for …
Persistent link: https://www.econbiz.de/10010866702
the maximin and leximin social welfare orders in this framework, and axiomatically characterize them. …
Persistent link: https://www.econbiz.de/10011065438
. We characterize a family of multidimensional leximin orderings satisfying Dominance Aversion and Consensus. …
Persistent link: https://www.econbiz.de/10011043046
This paper analyses Rawls's celebrated difference principle, and its lexicographic extension, in societies with a finite and an infinite number of agents. A unified framework of analysis is set up, which allows one to characterise Rawlsian egalitarian principles by means of a weaker version of a...
Persistent link: https://www.econbiz.de/10004998428
approach that can be specialized to at least two, extensively researched examples, the utilitarian and the leximin orderings on …
Persistent link: https://www.econbiz.de/10005018188
This paper studies the extensions of the infinte-horizon variants of the leximin principle and utilitarianism on the …-continuity (or Consistency) and the extended anonymity axiom called Q-Anonymity. We formulate new extended leximin and utilitarian … social welfare relations (SWRs), called Q-W-leximin SWR and Q-overtaking criterion respectively, and show that Weak …
Persistent link: https://www.econbiz.de/10005018203
of SWOs that includes leximin as a special case, whereas the Lorenz-based concept (i) concludes that extreme inequality …
Persistent link: https://www.econbiz.de/10005770841