Extremal and game-theoretic characterizations of the probabilistic approach to income redistribution (Q790701)

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scientific article; zbMATH DE number 3848926
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    Extremal and game-theoretic characterizations of the probabilistic approach to income redistribution
    scientific article; zbMATH DE number 3848926

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      Extremal and game-theoretic characterizations of the probabilistic approach to income redistribution (English)
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      1984
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      In this paper, we cast the problem of income redistribution in two different ways, one as a nonlinear goal programming model and the other as a game theoretic model. These two approaches give characterizations for the probabilistic approach suggested by Intriligator for this problem. All three approaches reinforce the linear income redistribution plan as a desirable mechanism of income redistribution.
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      linear income system
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      Kullback-Leibler information function
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      core Shapley value
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      income redistribution
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      nonlinear goal programming
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      game theoretic model
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      probabilistic approach
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