Abstract

The sequential generalized Lorenz (SGL) ordering is introduced by Atkinson and Bourguignon (1987) to rank heterogeneous income distributions. It is well-known that this ordering has a strong utilitarian support. In this note, we show that one does not have to be a utilitarian to accept this welfare ordering: the SGL ordering is supported by all increasing SWFs which record an increase in overall welfare when a (cardinal) welfare transfer is made from less needy to needier.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call