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
dc.contributor.author | Stark, Oded | |
dc.contributor.author | Jakubek, Marcin | |
dc.contributor.author | Falniowski, Fryderyk | |
dc.date.accessioned | 2024-09-19T14:57:29Z | |
dc.date.available | 2024-09-19T14:57:29Z | |
dc.date.issued | 01.2014 | |
dc.identifier.uri | https://hdl.handle.net/20.500.11811/12194 | |
dc.description.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. | de |
dc.format.extent | 29 | |
dc.language.iso | eng | |
dc.relation.ispartofseries | ZEF-Discussion Papers on Development Policy ; 184 | |
dc.rights | In Copyright | |
dc.rights.uri | http://rightsstatements.org/vocab/InC/1.0/ | |
dc.subject | Maximization of social welfare | |
dc.subject | Rawlsian social welfare function | |
dc.subject | Utilitarian social welfare function | |
dc.subject | Deadweight loss | |
dc.subject | Distaste for low relative income | |
dc.subject.ddc | 300 Sozialwissenschaften, Soziologie, Anthropologie | |
dc.subject.ddc | 320 Politik | |
dc.subject.ddc | 330 Wirtschaft | |
dc.title | Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare | |
dc.type | Arbeitspapier | |
dc.publisher.name | Center for Development Research (ZEF), University of Bonn | |
dc.publisher.location | Bonn | |
dc.rights.accessRights | openAccess | |
dc.relation.eissn | 1436-9931 | |
dc.relation.url | https://www.zef.de/fileadmin/user_upload/zef_dp_184.pdf | |
ulbbn.pubtype | Zweitveröffentlichung | |
dc.version | publishedVersion |