Abstract
It is shown that the Pazner-Schmeidler social ordering appears as a very natural solution to the problem of defining social preferences over distributions of divisible goods. The paper analyses various ways of deriving this social ordering from minimally egalitarian conditions and informational parsimony requirements.
Original language | English (US) |
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Pages (from-to) | 145-166 |
Number of pages | 22 |
Journal | Review of Economic Design |
Volume | 9 |
Issue number | 2 |
DOIs | |
State | Published - Apr 1 2005 |
Externally published | Yes |
All Science Journal Classification (ASJC) codes
- Economics, Econometrics and Finance(all)
Keywords
- Egalitarian-equivalence
- Fairness
- Social choice
- Social welfare