Welfarism in economic domains

Author: Miguel Ginés, Francisco Marhuenda
Publisher: Elsevier BV

ABOUT BOOK

In economies with public goods, and agents with quasi-linear preferences, we give a characterization of the welfare egalitarian correspondence in terms of three axioms: Pareto optimality, symmetry, and solidarity. This last property requires that an increase in the willingness to pay for the public goods of some of the agents should not decrease the welfare of any of them.Publicad

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