Efficiency, equity, and social rationality under uncertainty
Efficiency, equity, and social rationality under uncertainty
复制标题
不确定性下的效率、公平和社会理性
DOI:
10.1007/s00199-020-01335-4
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发表时间:
2021
期刊:
影响因子:
1.3
通讯作者:
Kaname Miyagishima
中科院分区:
文献类型:
--
作者:
Inoue Akira;Miyagishima Kaname;Kaname Miyagishima
In a simple model where agents’ monetary payoffs are uncertain, this paper examines the aggregation of subjective expected utility functions which are interpersonally noncomparable. A maximin social welfare criterion is derived from axioms of efficiency,ex postequity, and social rationality, combined with the independence of beliefs and risk preferences in riskless situations (Chambers and Echenique in Games Econ Behav 76:582–595, 2012). The criterion compares allocations by the values of the prospects composed of the statewise minimum payoffs evaluated by the certainty equivalents. Because of this construction, the criterion is egalitarian and risk averse.
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DOI:
10.1016/j.geb.2012.07.015
发表时间:
2012
期刊:
Games Econ. Behav.
影响因子:
--
作者:
Christopher P. Chambers;F. Echenique
通讯作者:
F. Echenique
影响因子:
10.7
作者:
Danan, Eric;Gajdos, Thibault;Tallon, Jean-Marc
通讯作者:
Tallon, Jean-Marc
DOI:
10.2139/ssrn.2021600
发表时间:
2012
期刊:
NBER Working Paper Series
影响因子:
--
作者:
Markus K. Brunnermeier;Alp Simsek;Wei Xiong
通讯作者:
Wei Xiong
DOI:
--
发表时间:
2014
期刊:
影响因子:
--
作者:
I. Gilboa;L. Samuelson;D. Schmeidler
通讯作者:
D. Schmeidler
DOI:
10.2139/ssrn.2391850
发表时间:
2014
期刊:
Microeconomics: Intertemporal Consumer Choice & Savings eJournal
影响因子:
--
作者:
M. Fleurbaey;Stéphane Zuber
通讯作者:
Stéphane Zuber