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Relative Egalitarianism and Related Criteria
(Université de Montréal. Département de sciences économiques., 2009-02)
We reconsider the problem of aggregating individual preference orderings into a single social ordering when alternatives are lotteries and individual preferences are of the von Neumann-Morgenstern type. Relative egalitarianism ...
An Axiomatization of the Serial Cost-Sharing Method
(Université de Montréal. Département de sciences économiques., 2009-12)
We o¤er an axiomatization of the serial cost-sharing method of Friedman and Moulin (1999). The key property in our axiom system is Group Demand Monotonicity, asking that when a group of agents raise their demands, not all ...