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Author:Fleurbaey, M.
Title:Reward patterns of fair solutions
Journal:Journal of Public Economics
1996 : MAR, VOL. 59:3, p. 365-396
Index terms:EXHIBITIONS
ECONOMICS
PREFERENCES
Language:eng
Abstract:The solutions proposed in the literature on fair allocations are sensitive to the preference profiles of the agents. As a consequence, each of them displays a specific distribution pattern which may be interpreted as rewarding certain kinds of preferences at the expense of others. In the basic models with private goods and decreasing returns, The Equal Income Competitive Equilibrium tends to favor the eccentric preferences, whereas most egalitarian-equivalent solutions tend to reward the agents who like particular resources.
SCIMA record nr: 148121
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