haku: @author Kranich, L. / yhteensä: 1
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Tekijä:Kranich, L.
Otsikko:Equal division, efficiency, and the sovereign supply of labor
Lehti:American Economic Review
1994 : MAR, VOL. 84:1, p. 178-189
Asiasana:EFFICIENCY
LABOUR SUPPLY
ECONOMICS
Kieli:eng
Tiivistelmä:The canonical problem of equity in production economies consists of two agents with different tastes and abilities, each of whom contributes labor to produce a single consumption good. As a criterion for distributive justice, the author requires that if both agents work equal numbers of hours, they should divide the output equally. The author also requires that the labor-supply decision should remain sovereign. Sufficient conditions are established for achieving an efficient allocation.
SCIMA tietueen numero: 114042
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