Egalitarian Equivalent Allocations: A New Concept of Economic Equity

Elisha A. Pazner · David Schmeidler

455 citations0/0 files storedThe Quarterly Journal of Economics

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Abstract

Foreword, 671. — I. Introduction, 671. — II. The concept of Pareto-efficient-egalitarian-equivalent-allocations (PEEEA), 674. — III. PEEEA as a fair arbitration scheme for allocations, 676. — IV. Maximin properties of PEEEA, 678. — V. PEEEA in economies with production, 680. — Mathematical appendices, 682.

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1951Social Choice and Individual Values.1939The Foundations of Welfare Economics 1938A Reformulation of Certain Aspects of Welfare Economics

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2016Equality of Opportunity: Theory and Measurement 1995Equal Opportunity or Equal Social Outcome?2016The Unreasonable Fairness of Maximum Nash Welfare 2019The Unreasonable Fairness of Maximum Nash Welfare 2011Fair Allocation Rules 1996The theory of justice 1986Chapter 22 Social choice theory 1994On fair compensation

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