Multidimensional Pigou–Dalton transfers and social evaluation functions
Journal article: We axiomatize, in the multidimensional case, a social evaluation function that can accommodate a natural Pigou–Dalton principle and correlation increasing majorization. This is performed by building upon a simple class of inframodular functions proposed by Müller and Scarsini under risk.
Author(s)
Marcello Basili, Paulo Casaca, Alain Chateauneuf, Maurizio Franzini
Journal
- Theory and Decision
Date of publication
- 2017
Keywords
- Multidimensional inequality
- Pigou–Dalton transfer
- Inframodular functions
- Increasing majorization
- Human Development Index
Pages
- 573–590
URL of the HAL notice
Version
- 1
Volume
- 83