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Utilitarianism is the most prominent family of social welfare functions. We present three new axiomatic characterizations of utilitarian (that is, additively separable) social welfare functions in a setting where there is risk over both population size and the welfares of individuals. First, we...
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Under the Paris Agreement, each country submits national pledges that reflect common but differentiated responsibility. Policy-makers therefore need to understand the mitigation policy interests of domestic populations, especially in developing countries where survey data are relatively scarce....
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Three important features of Indian labor markets enduringly coexist: rent-seeking, occupational immobility, and caste. These facts are puzzling, given theories that predict static, equilibrium social inequality without conflict. Our model explains these facts as an equilibrium outcome. Some...
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