A bitter choice turned sweetHow acknowledging individuals’ concern at having a low relative income serves to align utilitarianism and egalitarianism
A bitter choice turned sweet
How acknowledging individuals’ concern at having a low relative income serves to align utilitarianism and egalitarianism
Dokument öffnen (648.6KB)Datum der Veröffentlichung
03.2015Verlag / herausgebende Einrichtung
Center for Development Research (ZEF), University of BonnVerlagsort
BonnMetadaten
Zur Langanzeige
Zitierbarer Link (Handle URI) 
https://hdl.handle.net/20.500.11811/12185
Inhalt
When individuals’ utility is a convex combination of their income and their concern at having a low relative income (the weights attached to income and to the concern at having a low relative income sum up to one), the maximization of aggregate utility yields an equal income distribution. This alignment of utilitarianism and egalitarianism is obtained for any number of individuals, and for general utility functions that are convex combinations of a power function of income and the concern at having a low relative income. The alignment can also hold when the weights sum up to a number different than one.
Schlagwörter
Utilitarianism, Egalitarianism, Social welfare maximization, Low relative income
Klassifikation (DDC)
300 Sozialwissenschaften, Soziologie, Anthropologie 320 Politik 330 WirtschaftErstpublikation
https://www.zef.de/fileadmin/user_upload/zef_dp_198.pdfReihe, Nummer
ZEF-Discussion Papers on Development Policy ; 198Stark, Oded; Jakubek, Marcin; Kobus, Martyna: A bitter choice turned sweet : How acknowledging individuals’ concern at having a low relative income serves to align utilitarianism and egalitarianism. Bonn: Center for Development Research (ZEF), University of Bonn, 2015. In: ZEF-Discussion Papers on Development Policy, 198.
Online-Ausgabe in bonndoc: https://hdl.handle.net/20.500.11811/12185
Online-Ausgabe in bonndoc: https://hdl.handle.net/20.500.11811/12185
@techreport{handle:20.500.11811/12185,
author = {{Oded Stark} and {Marcin Jakubek} and {Martyna Kobus}},
title = {A bitter choice turned sweet : How acknowledging individuals’ concern at having a low relative income serves to align utilitarianism and egalitarianism},
publisher = {Center for Development Research (ZEF), University of Bonn},
year = 2015,
month = mar,
series = {ZEF-Discussion Papers on Development Policy},
volume = 198,
note = {When individuals’ utility is a convex combination of their income and their concern at having a low relative income (the weights attached to income and to the concern at having a low relative income sum up to one), the maximization of aggregate utility yields an equal income distribution. This alignment of utilitarianism and egalitarianism is obtained for any number of individuals, and for general utility functions that are convex combinations of a power function of income and the concern at having a low relative income. The alignment can also hold when the weights sum up to a number different than one.},
url = {https://hdl.handle.net/20.500.11811/12185}
}
author = {{Oded Stark} and {Marcin Jakubek} and {Martyna Kobus}},
title = {A bitter choice turned sweet : How acknowledging individuals’ concern at having a low relative income serves to align utilitarianism and egalitarianism},
publisher = {Center for Development Research (ZEF), University of Bonn},
year = 2015,
month = mar,
series = {ZEF-Discussion Papers on Development Policy},
volume = 198,
note = {When individuals’ utility is a convex combination of their income and their concern at having a low relative income (the weights attached to income and to the concern at having a low relative income sum up to one), the maximization of aggregate utility yields an equal income distribution. This alignment of utilitarianism and egalitarianism is obtained for any number of individuals, and for general utility functions that are convex combinations of a power function of income and the concern at having a low relative income. The alignment can also hold when the weights sum up to a number different than one.},
url = {https://hdl.handle.net/20.500.11811/12185}
}
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