Title: Size and distribution trade-offs for the leximin ordering
Authors: CapĂ©au, Bart # ×
Issue Date: 2013
Publisher: Springer
Series Title: Journal of Economic Inequality vol:11 issue:2 pages:237-248
Abstract: relative invariant and an absolute invariant inequality ordering satisfying extreme bottom-sensitivity, are proposed. It is shown that the leximin social welfare ordering can be expressed in terms of a ranking of distributions on the sole basis of their size, measured by the mean, and the degree of inequality, measured according to these inequality concepts. Leximin thus exhibits extreme bottom-sensitivity. This property does not withstand that leximin prefers a larger size of the cake at the cost of higher inequality in a number of cases. These trade-offs between size and equality are characterised in terms of degrees of dominance of the lower parts of the ordinary and absolute Lorenz curves that are accepted by leximin for a given increase in the mean.
ISSN: 1569-1721
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Research Group Welfare State and Housing
× corresponding author
# (joint) last author

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