Public Choice
1573-7101
0048-5829
Georgia State University
College of Business Administration, Georgia State University, 30303, Atlanta, GA
pub.1014067812
dimensions_id
Springer Nature - SN SciGraph project
On evaluating income distributions: Rank dominance, the Suppes-Sen grading principle of justice, and Pareto optimality
http://link.springer.com/10.1007/BF00114529
false
329-336
2019-04-15T08:51
Rawls's study (1970) suggests the rank-dominance condition for evaluating income distributions. Rank-optimal (non-rank-dominated) income distributions are always Pareto optimal; however, Pareto optimality implies rank optimality if and only if a symmetry condition on the set of attainable income distributions — dubbed equal opportunity — holds. Rank dominance is equivalent to the Suppes-Sen (1970) justice grading principle as applied to attainable income distributions. The set of attainable income distributions is defined so as to recognize possible interdependence between total income and the distribution of income. We also note that if total income is independent of the distribution of income — as is the case in many equality-of-income studies — then the equal opportunity condition is automatically satisfied; hence the Pareto and rank-dominance criteria are equivalent.
https://scigraph.springernature.com/explorer/license/
1983-01-01
articles
research_article
1983-01
en
Applied Economics
40
Rubin
Saposnik
readcube_id
43044e2f0ef9118c77ceb01e23d61519182959d71da82fd0cb9f3353c18f4813
Economics
3
10.1007/bf00114529
doi