Equally-distributed equivalent utility, ex post egalitarianism and utilitarianism

نویسندگان

  • Simon Grant
  • Atsushi Kajii
  • Ben Polak
  • Zvi Safra
چکیده

We provide an axiomatization of expected equally-distributed equivalent-utility social welfare functions in the context of Harsanyi’s impartial observer theorem. For this family of social welfare functions, we show what additional axiom is necessary and suffi cient for the observer to exhibit aversion to ex post inequality. We also relate this axiomatization to our axiomatization in a companion paper of generalized utilitarian social welfare functions. Given certain richness assumptions, the only social welfare functions that belong to both families are the utilitarian.

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عنوان ژورنال:
  • J. Economic Theory

دوره 147  شماره 

صفحات  -

تاریخ انتشار 2012