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This paper aims to study the extent to which people's intuitions about the distribution of two attributes within a society are consistent with the different axiomatizations proposed by the economists. In particular, the objective is to compare two alternative principles, namely aversion to...
Persistent link: https://www.econbiz.de/10010854375
We compare alternative populations of individuals, who differ for many characteristics besides income, in terms of inequality. In order to achieve our aim, we extend the notion of Generalized Lorenz Preorder to a context of multivariate distributions with different marginals. Finally, we show,...
Persistent link: https://www.econbiz.de/10005824319
functioning bundles and interpersonal comparisons of well being -- Freedom and individual well being -- Freedom A re examination … attached to the individual’s achievements along certain dimensions of life and her freedom to choose a vector of such …
Persistent link: https://www.econbiz.de/10015053301