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Many decisions regarding the choice of public policies affect the size and composition of the population. In order to choose rationally in those situations, therefore, normative criteria must be capable of comparing states of affairs with different populations. This paper introduces a new class...
Persistent link: https://www.econbiz.de/10005663155
In an earlier paper [Blackorby and Murty; 2007] we showed that if a monopoly sector is imbedded in a general equilibrium framework and profits are taxed at one hundred percent, then unit (specific) taxation and ad valorem taxation are welfare-wise equivalent. In this paper, we consider private...
Persistent link: https://www.econbiz.de/10005583062
This article considers measures of individual welfare change for projects that change the state distribution of prices and incomes. For a consumer whose preferences satisfy the expected utility hypothesis, we investigate whether there is an increasing function of the state-contingent...
Persistent link: https://www.econbiz.de/10005585302
Persistent link: https://www.econbiz.de/10005770091
Persistent link: https://www.econbiz.de/10005770294
Critical-level generalized-utilitarian population principles with positive critical levels provide an ethically attractive way of avoiding the repugnant conclusion. We discuss the axiomatic foundations of critical-level generalized utilitarianism and investigate its relationship to the sadistic...
Persistent link: https://www.econbiz.de/10005729547
This paper provides new versions of Harsanyi's social aggregation theorem that are formulated in terms of prospects rather than lotteries. Strengthening an earlier result, fixed-population ex-ante utilitarianism is characterized in a multi-profile setting with fixed probabilities. In addition,...
Persistent link: https://www.econbiz.de/10005729584
This paper characterizes welfarist social evaluation in a multi-profile setting where, in addition to multiple utility profiles, it is assumed that there are several profiles of non-welfare information. We prove new versions of the welfarism theorems in this alternative framework, and we...
Persistent link: https://www.econbiz.de/10005729659
Intertemporal social-evaluation rules provide us with social criteria that can be used to assess the relative desirability of utility distributions across generations. The trade-offs between the well-being of different generations implicit in each such rule reflect the underlying ethical...
Persistent link: https://www.econbiz.de/10005729702
This paper examines several families of population principles in the light of a set of axioms. In addition to the critical-level utilitarian, number-sensitive critical-level utilitarian and number-dampened families and their generalized counterparts, we consider the restricted number-dampened...
Persistent link: https://www.econbiz.de/10005729818