A characterization of egalitarian equivalence
type: Item
instance of: scholarly article
title: A characterization of egalitarian equivalence
zbMATH Open document ID: 0822.90004
DOI: 10.1007/BF01209697
author: Bhaskar Dutta
author: Rajiv Vohra
published in: Economic Theory
publication date: 1995-01-05T00:00:00Z
review text: This paper axiomatizes a solution concept for exchange economies. Suppose that a solution concept for such an economy must satisfy Pareto optimality, monotonicity, and must divide a certain commodity \(h\) equally. Then the only such solution is egalitarian equivalence with respect to the commodity \(h\).
Mathematics Subject Classification ID: 91B14
Mathematics Subject Classification ID: 91B50
zbMATH DE Number: 707312
zbMATH Keywords: axiomatization
zbMATH Keywords: solution concept
zbMATH Keywords: exchange economies
zbMATH Keywords: egalitarian equivalence
MaRDI profile type: Publication
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full work available at URL: https://doi.org/10.1007/bf01209697
OpenAlex ID: W2080712379
description: scientific article; zbMATH DE number 707312