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Second degree Pareto dominance

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Abstract

We present and discuss a binary relation aimed at the study of the re-distribution of income. We characterize, in a number of ways, the set of income allocations that can be reached from an initial allocation through a sequence of pair-wise equalizing transfers, where the sequence contains no flow of income from any donor to anyone else who ends up strictly richer than this donor himself ends up at the outcome of the entire sequence.

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Authors and Affiliations

  1. Department of Management Science, University of Miami, P.O.B. 248237, Coral Gables, FL, 33124, USA

    Ronny Aboudi

  2. Bodø Graduate School of Business, 8049, Bodø, Norway

    Dominique Thon

Authors
  1. Ronny Aboudi
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  2. Dominique Thon
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Corresponding author

Correspondence to Ronny Aboudi.

Additional information

Thanks are due to Peter Lambert and James Mirrlees for their comments. Thon was with the Department of Economics, University of Macau, when some of the work on this paper was done.

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Aboudi, R., Thon, D. Second degree Pareto dominance. Soc Choice Welfare 30, 475–493 (2008). https://doi.org/10.1007/s00355-007-0252-1

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  • DOI: https://doi.org/10.1007/s00355-007-0252-1

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