Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare
Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare
View/Date of Publication
01.2014Publisher
Center for Development Research (ZEF), University of BonnPublisher Location
BonnMetadata
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Citable Link (Handle URI) 
https://hdl.handle.net/20.500.11811/12194
Abstract
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.
Subjects
Maximization of social welfare, Rawlsian social welfare function, Utilitarian social welfare function, Deadweight loss, Distaste for low relative income
Classification (DDC)
300 Sozialwissenschaften, Soziologie, Anthropologie 320 Politik 330 WirtschaftFirst Publication
https://www.zef.de/fileadmin/user_upload/zef_dp_184.pdfPart of Series
ZEF-Discussion Papers on Development Policy ; 184Stark, Oded; Jakubek, Marcin; Falniowski, Fryderyk: Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare. Bonn: Center for Development Research (ZEF), University of Bonn, 2014. In: ZEF-Discussion Papers on Development Policy, 184.
Online-Ausgabe in bonndoc: https://hdl.handle.net/20.500.11811/12194
Online-Ausgabe in bonndoc: https://hdl.handle.net/20.500.11811/12194
@techreport{handle:20.500.11811/12194,
author = {{Oded Stark} and {Marcin Jakubek} and {Fryderyk Falniowski}},
title = {Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare},
publisher = {Center for Development Research (ZEF), University of Bonn},
year = 2014,
month = jan,
series = {ZEF-Discussion Papers on Development Policy},
volume = 184,
note = {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.},
url = {https://hdl.handle.net/20.500.11811/12194}
}
author = {{Oded Stark} and {Marcin Jakubek} and {Fryderyk Falniowski}},
title = {Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare},
publisher = {Center for Development Research (ZEF), University of Bonn},
year = 2014,
month = jan,
series = {ZEF-Discussion Papers on Development Policy},
volume = 184,
note = {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.},
url = {https://hdl.handle.net/20.500.11811/12194}
}
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