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On Harsanyi's utilitarian cardinal welfare theorem

✍ Scribed by Peter C. Fishburn


Publisher
Springer US
Year
1984
Tongue
English
Weight
278 KB
Volume
17
Category
Article
ISSN
0040-5833

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πŸ“œ SIMILAR VOLUMES


A theorem on utilitarian redistribution
✍ Johann K. Brunner πŸ“‚ Article πŸ“… 1995 πŸ› Springer 🌐 English βš– 290 KB

A theorem is presented which characterizes regions where the marginal utilities of most goods decrease with increasing utility, given non-inferiority of one good and a strictly concave utility function. An analysis of the optimum utilitarian tax rests on this result. \* I am grateful to Josef Falkin