A derivation of the money Rawlsian solution
A derivation of the money Rawlsian solution
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货币罗尔斯解的推导
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发表时间:
1995
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影响因子:
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通讯作者:
Enriqueta Aragonès
中科院分区:
文献类型:
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作者:
Enriqueta Aragonès
We study the set of envy-free allocations for economies with indivisible objects and quasi-linear utility functions. We characterize the minimal amount of money necessary for its nonemptiness when negative distributions of money are not allowed. We also find that, when this is precisely the available amount of money, there is a unique way to combine objects and money such that these bundles may form an envy-free allocation. Based on this property, we describe a solution to the envy-free selection problem following a pseudo-egalitarian criterion. This solution coincides with the “Money Rawlsian Solution” proposed by Alkan et al. (1991).