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Multidimensional Pigou–Dalton transfers and social evaluation functions

Author

Listed:
  • Marcello Basili

    (University of Siena)

  • Paulo Casaca

    (Federal University of Minas Gerais
    PSE-CES University of Paris I)

  • Alain Chateauneuf

    (IPAG Business School
    PSE-CES University of Paris I)

  • Maurizio Franzini

    (University of Rome La Sapienza)

Abstract

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.

Suggested Citation

  • Marcello Basili & Paulo Casaca & Alain Chateauneuf & Maurizio Franzini, 2017. "Multidimensional Pigou–Dalton transfers and social evaluation functions," Theory and Decision, Springer, vol. 83(4), pages 573-590, December.
  • Handle: RePEc:kap:theord:v:83:y:2017:i:4:d:10.1007_s11238-017-9605-0
    DOI: 10.1007/s11238-017-9605-0
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    Cited by:

    1. Francesco Andreoli & Claudio Zoli, 2020. "From unidimensional to multidimensional inequality: a review," METRON, Springer;Sapienza Università di Roma, vol. 78(1), pages 5-42, April.

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    More about this item

    Keywords

    Multidimensional inequality; Pigou–Dalton transfer; Inframodular functions; Increasing majorization; Human Development Index;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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