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We investigate the normative foundations of two empirically implementable dominance criteria for comparing distributions of two attributes, where the first one is cardinal while the second is ordinal. The criteria we consider are Atkinson and Bourguignon\'s (1982) first quasi-ordering and a...
Persistent link: https://www.econbiz.de/10005697614
We provide foundations for robust normative evaluation of distributions of two attributes, one of which is cardinally measurable and transferable between individuals and the other is ordinal and non-transferable. The result that we establish takes the form of an analogue to the standard...
Persistent link: https://www.econbiz.de/10011043008
We show that it is possible to reconcile the utilitarian and welfarist principles under the requirement of unanimity provided that the set of profiles over which the consensus is attained is rich enough. More precisely, we identify a closedness condition which, if satisfied by a class of...
Persistent link: https://www.econbiz.de/10009325716