Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 122
Issue: 3
Pages: 439-444

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

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.

Technical Details

RePEc Handle
repec:eee:ecolet:v:122:y:2014:i:3:p:439-444
Journal Field
General
Author Count
3
Added to Database
2026-01-25