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Unequal uncertainties and uncertain inequalities: an axiomatic approach

机译:不平等的不确定性和不确定的不平等:公理化的方法

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摘要

In this paper, we provide an axiomatic characterization of social welfare functions for uncertain incomes. Our most general result is that a small number of reasonable assumptions regarding welfare orderings under uncertainty rule out pure ex ante as well as pure ex post evaluations. Any social welfare function that satisfies these axioms should lie strictly between the ex ante and the ex post evaluations of income distributions. We also provide an axiomatic characterization of the weighted average of the minimum and the maximum of ex post and ex ante evaluations.
机译:在本文中,我们为不确定的收入提供了社会福利函数的公理化表征。我们最普遍的结果是,关于不确定性下福利秩序的少量合理假设排除了事前评估和事后评估。满足这些公理的任何社会福利功能都应严格地在事前和事后评估收入分配之间。我们还提供事后和事前评估的最小值和最大值的加权平均值的公理化特征。

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