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Avarice, Altruism, and Second Party Preferences

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  • Robert Haney Scott

Abstract

The shape of a preference function when one individual's utility depends not only upon his own rate of consumption, but also upon his neighbor's rate of consumption — second party preferences, 2. — Definitions of avaricious, altruistic, and egalitarian sentiment, 4. — Division of a fixed supply of commodities between two individuals, 6. — The maximum mazimorum of satisfaction when any move from an equilibrium position leaves all parties worse off, 12. — Some implications for welfare policies and programs, 15.

Suggested Citation

  • Robert Haney Scott, 1972. "Avarice, Altruism, and Second Party Preferences," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 86(1), pages 1-18.
    • Handle: RePEc:oup:qjecon:v:86:y:1972:i:1:p:1-18.
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    File URL: http://hdl.handle.net/10.2307/1880490
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    Cited by:

    1. John Blair & Walter Chatfield, 1974. "Pareto optimal growth," Public Choice, Springer, vol. 17(1), pages 93-97, March.
    2. Begoña Cabeza; & Koen Decancq;, 2023. "Social preferences and information about effort and luck: an online survey experiment," Working Papers 2305, Herman Deleeck Centre for Social Policy, University of Antwerp.
    3. Cavve, Blake Stockton & Hurlstone, Mark J. & Farrell, Simon, 2024. "Social Utility, Inequality Aversion, and Rank-Status," OSF Preprints qkcm6, Center for Open Science.
    4. Kiyoshi Yonemoto, 2021. "Reference-dependent preference and interregional migration: extending the Harris–Todaro model," Letters in Spatial and Resource Sciences, Springer, vol. 14(1), pages 1-10, April.
    5. John F. Johnston, 1975. "Utility Interdependence and Redistribution: Methodological Implications for Welfare Economics and the Theory of the Public Household," Public Finance Review, , vol. 3(3), pages 195-228, July.
    6. P. Pestieau, 1975. "Progressive tax reform and majority voting," Public Choice, Springer, vol. 21(1), pages 69-78, March.
    7. Harrison, William B., 1995. "College relations and fund-raising expenditures: Influencing the probability of alumni giving to higher education," Economics of Education Review, Elsevier, vol. 14(1), pages 73-84, March.
    8. Jacobs Martin, 2016. "Accounting for Changing Tastes: Approaches to Explaining Unstable Individual Preferences," Review of Economics, De Gruyter, vol. 67(2), pages 121-183, August.

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