Bommier, Antoine and Zuber, Stéphane (2009) The Pareto Principle of Optimal Inequality. TSE Working Paper, n. 09-132, Toulouse

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Abstract

The Pareto principle is often viewed as a mild requirement compatible with a variety of value judgements. In particular, it is generally thought that it can accommodate different degress of inequality aversion. We show that this is generally not true in time consistent intertemporal models where some uncertainty prevails.

Item Type: Monograph (Working Paper)
Language: English
Date: December 2009
Place of Publication: Toulouse
Uncontrolled Keywords: inequality aversion, Pareto principle, uncertainty
JEL Classification: D6 - Welfare Economics
D7 - Analysis of Collective Decision-Making
D81 - Criteria for Decision-Making under Risk and Uncertainty
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Institution: Université Toulouse 1 Capitole
Site: UT1
Date Deposited: 09 Jul 2014 17:08
Last Modified: 02 Apr 2021 15:47
OAI Identifier: oai:tse-fr.eu:22253
URI: https://publications.ut-capitole.fr/id/eprint/15022
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