Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare
| dc.creator | Stark, Oded | |
| dc.creator | Jakubek, Marcin | |
| dc.creator | Falniowski, Fryderyk | |
| dc.date | 2017-04-01T13:55:02Z | |
| dc.date.accessioned | 2026-07-09T07:42:49Z | |
| dc.description | Under a deadweight loss of tax and transfer, there is tension between the optimal policy choices of a Rawlsian social planner and a utilitarian social planner. However, when with a weight greater than a certain critical value the individuals’ utility functions incorporate distaste for low relative income, a utilitarian will select exactly the same income distribution as a Rawlsian. | |
| dc.identifier | doi:10.22004/ag.econ.162881 | |
| dc.identifier | https://ageconsearch.umn.edu/record/162881/files/ZEFDP184.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/162881 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/591378 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/162881 | |
| dc.title | Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare | |
| dc.type | Text |
