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On the Inefficiency of Inequality

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dc.creator Schiff, Maurice
dc.date 2004
dc.date.accessioned 2013-10-16T07:11:01Z
dc.date.available 2013-10-16T07:11:01Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20549
dc.identifier ppn:460239260
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20549
dc.description A number of studies have examined the implications of preference interdependence. This paper models utility as depending on other people?s consumption levels and shows that welfare declines with inequality, equilibrium inequality is inefficient, and the optimal intervention leads to a more equal distribution.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 1283
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject H21
dc.subject H23
dc.subject ddc:330
dc.subject inequality
dc.subject efficiency
dc.subject Verteilungstheorie
dc.subject Konsumentenverhalten
dc.subject Konsuminterdependenz
dc.subject Einkommensverteilung
dc.subject Wohlfahrtseffekt
dc.subject Theorie
dc.title On the Inefficiency of Inequality
dc.type doc-type:workingPaper


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