Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare

DOI10.1016/J.ECONLET.2013.11.019zbMATH Open1293.91062OpenAlexW2124009012MaRDI QIDQ2511268FDOQ2511268

Fryderyk Falniowski, Marcin Jakubek, Oded Stark

Publication date: 5 August 2014

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://ageconsearch.umn.edu/record/162881/files/ZEFDP184.pdf

zbMATH Keywords

deadweight lossdistaste for low relative incomemaximization of social welfareRawlsian social welfare functionutilitarian social welfare function

Mathematics Subject Classification ID

Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Welfare economics (91B15)

Cites Work

• Optimal Redistributive Taxation When Individual Welfare Depends Upon Relative Income

Cited In (6)

• Rawls and Bentham reconciled
• A tale of two Rawlsian criteria
• “Combining equity and utilitarianism”—additional insights into a novel approach
• Utilitarianism or welfarism: does it make a difference?
• Little and Bergson on Arrow's concept of social welfare
• Combining rights and welfarism: a new approach to intertemporal evaluation of social alternatives

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