Additively-separable and rank-discounted variable-population social welfare functions: A characterization.
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DOI: 10.1016/j.econlet.2021.109870
Abstract: Economic policy evaluations require social welfare functions for variable-size populations. Two important candidates are critical-level generalized utilitarianism (CLGU) and rank-discounted critical-level generalized utilitarianism, which was recently characterized by Asheim and Zuber (2014) (AZ). AZ introduce… read more here.
Keywords: rank discounted; social welfare; population; welfare ... See more keywords