Welfarism in specific economic domain
- Ginés Vilar, Miguel
- Marhuenda Hurtado, Francisco
Revue:
Working papers = Documentos de trabajo: Serie AD
Année de publication: 1998
Número: 6
Type: Working Paper
Résumé
In economies with public goods, and agents with quasi-linear preferences, we give a characterization of the welfare egalitarian correspondence in terms of three axioms: Pareto optimality, symmetry and solidarity. This last property requires that an improvement in the ability to exploit the public goods of some of the agents not decrease the welfare of any of them.