Redistribution and compensation

Walter Bessert, Marc Fleurbaey

Research output: Contribution to journalArticle

73 Scopus citations

Abstract

In a model where individual incomes depend on the agents' characteristics, we provide characterizations of several redistribution mechanisms. These mechanisms are designed to eliminate the effects of characteristics that are to be considered "irrelevant", while preserving the influence of "relevant" characteristics on individual incomes. The mechanisms discussed here are egalitarian-equivalent and conditionally egalitarian mechanisms, as well as averaging versions of these rules.

Original languageEnglish (US)
Pages (from-to)343-355
Number of pages13
JournalSocial Choice and Welfare
Volume13
Issue number3
DOIs
StatePublished - Jan 1 1996
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Social Sciences (miscellaneous)
  • Economics and Econometrics

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