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Marc Dubois |
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''A note on the normative content of the Atkinson inequality aversion parameter'' |
( 2016, Vol. 36 No.3 ) |
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The aim of this note is to emphasize that there are clear necessary and sufficient conditions for the Atkinson social welfare functions to satisfy proportional transfer principles. These social welfare functions satisfy the proportional ex post transfer principle if and only if the inequality aversion parameter is no smaller than 1. Moreover, these social welfare functions satisfy the proportional transfer principle if and only if the inequality aversion parameter is greater than 2. |
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Keywords: Atkinson social welfare functions; Transfers Principles; Inequality Aversion |
JEL: D3 - Distribution: General D1 - Household Behavior: General |
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Manuscript Received : Apr 06 2016 | | Manuscript Accepted : Aug 11 2016 |
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