Article ID Journal Published Year Pages File Type
5062558 Economics Letters 2007 5 Pages PDF
Abstract
One well-known way to make heterogeneous welfare comparisons - comparing distributions in which households differ in both income and needs - is Atkinson and Bourguignon's [Atkinson, A.B., Bourguignon, F., 1987. Income distribution and differences in needs. In: Feiwel, G.R. (Ed.), Arrow and the Foundations of the Theory of Economic Policy. Macmillan, London, pp. 350-370] sequential generalized Lorenz dominance criterion. We show that it suffices to be a weighted utilitarian, with higher weights for the more needy, to accept the sequential generalized Lorenz dominance criterion.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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