首页 | 本学科首页   官方微博 | 高级检索  
     检索      


Popular support for social evaluation functions
Authors:Rafael Salas  Juan Gabriel Rodríguez
Institution:1. Universidad Complutense de Madrid, Campus de Somosaguas, 28223, Madrid, Spain
Abstract:This paper provides sufficient conditions under which the preferences of a social decision maker accord with majority voting. We show that an additive and monotone utilitarian social evaluation function is consistent with the outcomes of majority voting for the class of income distributions that are symmetric under a strictly increasing transformation. An example is the lognormal distribution. The required symmetry condition is generally accepted employing panel data for 116 countries from the World Bank’s POVCAL database.In this manner, the proposed methodology provides the consistent degree of inequality aversion and shows that median income is a good proxy for welfare.
Keywords:
本文献已被 SpringerLink 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号