Efficiency first or equity first? Two principles and rationality of social choice

DOI10.1006/JETH.2001.2844MaRDI QIDQ697964zbMATH OpenOpenAlexFDO

Authors Koichi Tadenuma

Publication date 18 September 2002

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

Full work available at URL https://semanticscholar.org/paper/1bcc6f57efc01e6b658572ce7473ade978b73855

zbMATH Keywords

efficiencyequityno-envysocial preference relation

Mathematics Subject Classification ID

Social choice (91B14)

Recommendations

• Egalitarian-equivalence and the Pareto principle for social preferences
• Choice-Consistent Resolutions of the Efficiency-Equity Trade-Off
• Can equity be purchased at the expense of efficiency? An axiomatic inquiry
• The equity-efficiency trade-off reconsidered
• Efficiency, equity, and social rationality under uncertainty

Cites work

• A refinement and extension of the no-envy concept
• Fairness without interpersonal comparisons
• On Pareto-efficiency and the no-envy concept of equity
• On the Possibility of "Fair" Collective Choice Rule
• Social choice and individual values
• Some implications of an intensity measure of envy

Cited in

(19)

• Rational fuzzy and sequential fuzzy choice
• An axiomatic approach to the measurement of envy
• Daunou's voting rule and the lexicographic assignment of priorities
• A characterization of prudent choices
• Lexicographic compositions of multiple criteria for decision making
• An equitable Nash solution to nonconvex bargaining problems
• Two criteria for social decisions
• No-envy, efficiency, and collective rationality
• A note on the Suzumura-consistency
• Arrovian aggregation in economic environments: how much should we know about indifference surfaces?
• Choice via grouping procedures
• Ordients: optimization and comparative statics without utility functions
• Linear and Utilitarian Choice Functions: Revisiting Myerson’s Theorem
• A refinement of prudent choices
• On Non-Welfarist Social Ordering Functions
• Choice-Consistent Resolutions of the Efficiency-Equity Trade-Off
• The in-group egalitarian Owen values
• Can equity be purchased at the expense of efficiency? An axiomatic inquiry
• Rationality and order-dependent sequential rationality

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