In this paper we propose a theory of individual moral consistency and we examine some consequences of this theory in particular contexts. Our notion of individual moral consistency is interpreted as a means for 'laundering' individula objectives that are amalgamated into collective judgements by...

The paper considers the problem of comparing income distributions for heterogeneous populations. Following Atkinson and Bourguignon (1987), we divide the population in different groups of needs and evaluate the social welfare with a utilitarian function. By considering the Generalized...

The paper explores the uniqueness properties of the subjective probabilities in two axiomatizations of state-dependent preferences. Karni, Schmeider and Vind's (KSV) system depends on selecting an arbitrary probability, ans as such, does not guarantee the uniqueness of the derived subjective...