Arbeitspapier
Distribution-neutral Welfare Ranking-Extending Pareto Principle
The well known Pareto criterion used in the context of efficiency and welfare has to do with absolute changes whereas in every domain of economic behaviour inequality or relative changes has become a major concern. We propose an inequality-preserving or distribution neutral Pareto criterion-the strong Pareto superior or SPS allocation which preserves the initial distribution and makes everyone better off. Our main result is that whenever there is a gain in the aggregate value of the relevant attribute, there exists a unique counterfactual allocation which is SPS.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 6397
- Klassifikation
-
Wirtschaft
General Economics: General
- Thema
-
Pareto superiority
strong Pareto superiority
inequality
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Marjit, Sugata
Sarkar, Sandip
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Marjit, Sugata
- Sarkar, Sandip
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2017
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