Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059419 | Economics Letters | 2014 | 6 Pages |
Abstract
Under a deadweight loss of tax and transfer, there is tension between the optimal policy choices of a Rawlsian social planner and a utilitarian social planner. However, when with a weight greater than a certain critical value the individuals' utility functions incorporate distaste for low relative income, a utilitarian will select exactly the same income distribution as a Rawlsian.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Oded Stark, Marcin Jakubek, Fryderyk Falniowski,