Abstract
The lower orthant dominance relation is frequently used for multidimensional social welfare comparisons. Recently it has been shown that bivariate dominance can be characterized in terms of elementary mass transfer operations. We provide an algorithm which explicitly decomposes the mass transfers into welfare differences and inequality differences.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.