Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/71230 
Authors: 
Year of Publication: 
2001
Series/Report no.: 
Reihe Ökonomie / Economics Series No. 98
Publisher: 
Institute for Advanced Studies (IHS), Vienna
Abstract: 
This paper presents a characterization of a welfare index for the evaluation of primary goods (to be understood as those goods that all agents should enjoy equally). The welfare associated with a given distribution of n primary goods among m agents is measured as the sum of n real-valued functions, one for each good, which are increasing in the aggregate consumption and decreasing in its dispersion (measured by Theil's first inequality index). welfare evaluation ; inequality ; primary goods
JEL: 
D30
D63
Document Type: 
Working Paper

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