Size and distribution of incomes as determinants of social welfare

DOI10.1016/0022-0531(87)90003-2MaRDI QIDQ1093503zbMATH OpenOpenAlexFDO

Authors B. George

Publication date 1987

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0022-0531(87)90003-2

zbMATH Keywords

inequality of income distributions

Mathematics Subject Classification ID

Social choice (91B14)

Review text

The paper is concerned with the relationship between the inequality of income distributions and the social welfare they imply. Starting-point is an ordering of income distributions in terms of inequality. Based on explicit value judgements about the tradeoff between size and distribution of incomes an ordering in terms of social welfare is derived. The welfare functions representing this ordering allow a size- distribution split up. It is shown that the procedure can be reversed. This ordinal approach is considerably more flexible and less arbitrary than most methods proposed in the literature.

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Cites work

• A Theoretical Treatment of Indices of Absolute Inequality
• scientific article; zbMATH DE number 3773323 (Why is no real title available?)
• Measures of relative equality and their meaning in terms of social welfare
• On Inequality Comparisons

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(21)

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