文章基本信息

标题：Who's afraid of aggregating money metrics?
本地全文：下载
作者：Kristof Bosmans ; Koen Decancq ; Erwin Ooghe 等
期刊名称：Theoretical Economics
印刷版ISSN：1555-7561
出版年度：2018
卷号：13
期号：2
页码：467-484
DOI：10.3982/TE2825
语种：English
出版社：Econometric Society
摘要：We provide an axiomatic justification to aggregate money metrics. The key axiom requires the approval of richer‐to‐poorer transfers that preserve the overall efficiency of the distribution. This transfer principle—together with the basic axioms of anonymity, continuity, monotonicity, and a version of welfarism—characterizes a standard social welfare function defined over money metric utilities.