Multidimensional Pigou–Dalton transfers and social evaluation functions

01 Pubblicazione su rivista
Basili Marcello, Casaca Paulo, Chateauneuf Alain, Franzini Maurizio
ISSN: 0040-5833

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.

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