出版社:Suntory Toyota International Centres for Economics and Related Disciplines
摘要:The property of monotonicity, th criterion of (first-degree) income dominance and the Pareto principle appear frequently in the literature on the axiomatic approach to the welfare economics of income distribution. Sometimes these are regarded as almost interchangeable for practical purposes. However, as we shall show, this interchangeability arises because of other important assumptions that are also commonly invoked, but which may be questionable.
关键词:monotonicity; Pareto principle; (first-degree) income dominance; welfare;economics; income distribution; interchangeability.