RT Journal Article
T1 Bilateral redistribution
A1 Chambers, Christopher
A1 Moreno-Ternero, Juan D.
K1 Income redistribution
K1 Axioms
K1 Stability
K1 Continuity
K1 No transfer paradox
AB We explore the implications of three basic and intuitive axioms for income redistribution problems: continuity, no transfer paradox and stability. The combination of the three axioms characterizes in the two-agent case a large family of rules, which we call threshold rules. For each level of total income in society, a threshold is considered for each agent. It is impossible for both agents to be below their respective thresholds. If an agent’s income is below the threshold, the difference is redistributed from the other agent; otherwise, the rule imposes laissez-faire.
PB Elsevier
YR 2021
FD 2021
LK https://hdl.handle.net/10433/22183
UL https://hdl.handle.net/10433/22183
LA en
NO Journal of Mathematical Economics, Vol. 96. 102517.
NO FECYT -- JUSTICIA ECONOMICA Y BIENESTAR SOCIAL EN UN CONTEXTO DE RECURSO...
NO Universidad Pablo de Olavide
DS RIO
RD May 30, 2026