Measures of inequality as an aggregation of individual preferences about income distribution: The Arrowian case (Q1094302)
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English | Measures of inequality as an aggregation of individual preferences about income distribution: The Arrowian case |
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Measures of inequality as an aggregation of individual preferences about income distribution: The Arrowian case (English)
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1987
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An inequality preorder is a preorder on a simplex which satisfies symmetry and strict Schur-convexity (the mathematical equivalent of the principle of transfers of Pigou and Dalton). It is shown that we cannot aggregate individual inequality preorders to a collective one if we are interested in Arrow's aggregation rules. The proof uses an interesting result of \textit{E. Kalai, E. Muller} and \textit{M. Satterthwaite} [Public Choice 34, 87-97 (1979)]. Moreover, we prove further results for the aggregation of individual inequality indices when we allow cardinality and interpersonal comparibility of utility.
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inequality preorder
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symmetry
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strict Schur-convexity
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aggregation of individual inequality indices
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interpersonal comparibility of utility
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