Welfarism in Economic Domains

descriptionPublicationkeyboard_double_arrow_right Article 01 Aug 2000 English Publisher:Elsevier BVJournal:Journal of Economic Theory, volume 93, pages 191-204 (issn: 0022-0531,

Copyright policy )

Authors: Ginés, M.; Marhuenda, F.;

doi: 10.1006/jeth.2000.2653

handle: 10016/4316

Welfarism in Economic Domains

- Summary
- Subjects
- Metrics

Abstract

In economies with public goods, and agents with quasi-linear preferences, we give a characterization of the welfare egalitarian correspondence in terms of three axioms: Pareto optimality, symmetry, and solidarity. This last property requires that an increase in the willingness to pay for the public goods of some of the agents should not decrease the welfare of any of them. Publicado

Related Organizations

Keywords

Pareto optimality, agents with quasi-linear preferences, public goods, solidarity, welfare egalitarian correspondence, Public goods, symmetry, Economía

Impact byBIP!

	selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	7
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Average
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Top 10%
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Average