Event
Opportunity-Sensitive Social Welfare
We develop a framework to evaluate income distributions from the perspective of an opportunity-egalitarian social planner. Through an original axiomatic route that bridges normative economics and decision theory under ambiguity, we characterize a class of social welfare functions governed by a single parameter capturing the planner's aversion to inequality of...
Presented by: Paul Hufe (University of Bristol)
Venue: 2N2.4.16 (ISER Large Seminar Room)