| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7373110 | Mathematical Social Sciences | 2017 | 8 Pages |
Abstract
We assume that economic justice requires resources to be allocated fairly, and we construct individual well-being measures that embody fairness principles in interpersonal comparisons. These measures are required to respect agents' preferences. Across preferences well-being comparisons are required to depend on comparisons of the bundles of resources consumed by agents. We axiomatically justify two main families of well-being measures reminiscent to the ray utility and money-metric utility functions.
Related Topics
Physical Sciences and Engineering
Mathematics
Applied Mathematics
Authors
Marc Fleurbaey, François Maniquet,