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Egalitarian Equivalent Allocations: A New Concept of Economic Equity

Author

Listed:
  • Elisha A. Pazner
  • David Schmeidler
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.

Suggested Citation

  • Elisha A. Pazner & David Schmeidler, 1978. "Egalitarian Equivalent Allocations: A New Concept of Economic Equity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 92(4), pages 671-687.
    • Handle: RePEc:oup:qjecon:v:92:y:1978:i:4:p:671-687.
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    6. Paul A. Samuelson, 1950. "Evaluation Of Real National Income," Oxford Economic Papers, Oxford University Press, vol. 2(1), pages 1-29.
    7. Elisha A. Pazner & David Schmeidler, 1974. "A Difficulty in the Concept of Fairness," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(3), pages 441-443.
    8. Pazner, Elisha A. & Schmeidler, David, 1976. "Social contract theory and ordinal distributive equity," Journal of Public Economics, Elsevier, vol. 5(3-4), pages 261-268.
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