Inequality aversion and separability in social risk evaluation

B-Tier
Journal: Economic Theory
Year: 2013
Volume: 54
Issue: 3
Pages: 675-692

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper examines how to satisfy “independence of the utilities of the dead” (Blackorby et al. in Econometrica 63:1303–1320, 1995 ; Bommier and Zuber in Soc Choice Welf 31:415–434, 2008 ) in the class of “expected equally distributed equivalent” social orderings (Fleurbaey in J Polit Econ 118:649–680, 2010 ) and inquires into the possibility to keep some aversion to inequality in this context. It is shown that the social welfare function must either be utilitarian or take a special multiplicative form. The multiplicative form is compatible with any degree of inequality aversion, but only under some constraints on the range of individual utilities. Copyright Springer-Verlag Berlin Heidelberg 2013

Technical Details

RePEc Handle
repec:spr:joecth:v:54:y:2013:i:3:p:675-692
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25