On the inefficiency of inequality:
"A number of studies have examined the implications of preference interdependence. This paper models utility as depending on other people's consumption levels and shows that welfare declines with inequality, equilibrium inequality is inefficient, and the optimal intervention leads to a mor...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Bonn, Germany
IZA
2004
|
| Series: | Discussion paper
no. 1283 |
| Online Access: | Volltext |
| Summary: | "A number of studies have examined the implications of preference interdependence. This paper models utility as depending on other people's consumption levels and shows that welfare declines with inequality, equilibrium inequality is inefficient, and the optimal intervention leads to a more equal distribution"--Forschungsinstitut zur Zukunft der Arbeit web site |
| Item Description: | Includes bibliographical references. - Title from PDF file as viewed on 5/4/2005 Erscheinungsjahr in Vorlageform:[2004] Weitere Ausgabe: Schiff, Maurice W: On the inefficiency of inequality |
| Physical Description: | 1 Online-Ressource (16 Seiten) |
Staff View
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| 245 | 1 | 0 | |a On the inefficiency of inequality |c by Maurice Schiff |
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| 500 | |a Includes bibliographical references. - Title from PDF file as viewed on 5/4/2005 | ||
| 500 | |a Erscheinungsjahr in Vorlageform:[2004] | ||
| 500 | |a Weitere Ausgabe: Schiff, Maurice W: On the inefficiency of inequality | ||
| 520 | 1 | |a "A number of studies have examined the implications of preference interdependence. This paper models utility as depending on other people's consumption levels and shows that welfare declines with inequality, equilibrium inequality is inefficient, and the optimal intervention leads to a more equal distribution"--Forschungsinstitut zur Zukunft der Arbeit web site | |
| 534 | |c 2004 | ||
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| language | English |
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| spellingShingle | Schiff, Maurice W. 1950- On the inefficiency of inequality |
| title | On the inefficiency of inequality |
| title_auth | On the inefficiency of inequality |
| title_exact_search | On the inefficiency of inequality |
| title_full | On the inefficiency of inequality by Maurice Schiff |
| title_fullStr | On the inefficiency of inequality by Maurice Schiff |
| title_full_unstemmed | On the inefficiency of inequality by Maurice Schiff |
| title_short | On the inefficiency of inequality |
| title_sort | on the inefficiency of inequality |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3360 |
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