An interim note on SPS allocation

Santhanakrishnan, Deepika (2020): An interim note on SPS allocation.

Abstract

We show that the Strong Pareto Superior (SPS) allocation, due to (Marjit & Sarkar, 2017) does not hold in a special scenario.

• Item Type: MPRA Paper
• Language: English
• Keywords: Strong Pareto Superior allocation, Fairness, Inequality
• Subjects: C - Mathematical and Quantitative Methods > C0 - General > C00 - General; D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

References

Marjit, S., Mukherji, A., & Sarkar, S. (2019). Pareto Efficiency, Inequality and Distribution Neutral Fiscal Policy—An Overview. In F. Abergel, B. K. Chakrabarti, A. Chakraborti, N. Deo, & K. Sharma (Eds.), New Perspectives and Challenges in Econophysics and Sociophysics (pp. 191–202). Springer International Publishing. https://doi.org/10.1007/978-3-030-11364-3_13

Marjit, S., & Sarkar, S. (2017). Distribution-neutral Welfare Ranking-Extending Pareto Principle. CESifo Working Paper. 6397. http://www.cesifo.org/en/publikationen/2017/working-paper/distribution-neutral-welfare-ranking-extending-pareto-principle

Venkatasubramanian, V., Luo, Y., & Sethuraman, J. (2015). How much inequality in income is fair? A microeconomic game theoretic perspective. Physica A: Statistical Mechanics and Its Applications, 435, 120–138. https://doi.org/10.1016/j.physa.2015.04.014