Stark, Oded; Kobus, Martyna; Jakubek, Marcin: A concern about low relative income, and the alignment of utilitarianism with egalitarianism. Bonn: Center for Development Research (ZEF), University of Bonn, 2011. In: ZEF-Discussion Papers on Development Policy, 156.
Online-Ausgabe in bonndoc: https://hdl.handle.net/20.500.11811/12248
@techreport{handle:20.500.11811/12248,
author = {{Oded Stark} and {Martyna Kobus} and {Marcin Jakubek}},
title = {A concern about low relative income, and the alignment of utilitarianism with egalitarianism},
publisher = {Center for Development Research (ZEF), University of Bonn},
year = 2011,
month = oct,

series = {ZEF-Discussion Papers on Development Policy},
volume = 156,
note = {A utilitarian social planner who maximizes social welfare assigns the available income to those who are most efficient in converting income into utility. However, when individuals are concerned about their income falling behind the incomes of others, the optimal income distribution under utilitarianism is equality of incomes.},
url = {https://hdl.handle.net/20.500.11811/12248}
}

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