A concern about low relative income, and the alignment of utilitarianism with egalitarianism

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 114
Issue: 3
Pages: 235-238

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

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

Abstract

A utilitarian social planner who maximizes social welfare assigns the available income to those who are most efficient in converting income into utility. However, when individuals are concerned about their income falling behind the incomes of others, the optimal income distribution under utilitarianism is equality of incomes.

Technical Details

RePEc Handle
repec:eee:ecolet:v:114:y:2012:i:3:p:235-238
Journal Field
General
Author Count
3
Added to Database
2026-01-25