Utilitarism, Equivalence Scales and Logarithmic Utility

dc.contributor.author	Brekke, Kjell Arne
dc.coverage.spatial	Norway	nb_NO
dc.date.accessioned	2019-11-26T11:22:44Z
dc.date.available	2019-11-26T11:22:44Z
dc.date.issued	1994-05
dc.identifier.issn	0809-733X
dc.identifier.uri	http://hdl.handle.net/11250/2630478
dc.description.abstract	It is shown that if social welfare is the sum of logarithmic utility function, the optimal income distribution and the welfare effect of any income redistribution is independent of the equivalence scales. In optimum all households have the same per capita income. Based on this observation it is discussed to what extent traditional welfare theory can be said to be concerned about fair income distribution.	nb_NO
dc.language.iso	eng	nb_NO
dc.publisher	Statistisk sentralbyrå	nb_NO
dc.relation.ispartofseries	Discussion papers;118
dc.subject	JEL classification: D10	nb_NO
dc.subject	JEL classification: D31	nb_NO
dc.subject	JEL classification: D63	nb_NO
dc.title	Utilitarism, Equivalence Scales and Logarithmic Utility	nb_NO
dc.type	Working paper	nb_NO
dc.description.version	publishedVersion	nb_NO
dc.subject.nsi	VDP::Matematikk og Naturvitenskap: 400::Matematikk: 410::Statistikk: 412	nb_NO
dc.source.pagenumber	10	nb_NO