caa a22 4500 46317397X CHVBK 20180406164821.0 cr unu---uuuuu 170326e20071001xx s 000 0 eng 10.1007/s00355-006-0213-0 doi (NATIONALLICENCE)springer-10.1007/s00355-006-0213-0 Bosmans Kristof Center for Economic Studies, Katholieke Universiteit Leuven, Naamsestraat 69, 3000, Leuven, Belgium aut Comparing degrees of inequality aversion [Elektronische Daten] [Kristof Bosmans] We propose a straightforward dominance procedure for comparing social welfare orderings (SWOs) with respect to the degree of inequality aversion they express. Three versions of the procedure are considered, each of which uses a different underlying criterion of inequality comparisons: (i) a concept based on the Lorenz quasi-ordering, which we argue to be the ideal version, (ii) a concept based on a minimalist criterion of inequality, and (iii) a concept based on the relative differentials quasi-ordering. It turns out that the traditional Arrow-Pratt approach is equivalent to the latter two concepts for important classes of SWOs, but that it is profoundly inconsistent with the Lorenz-based concept. With respect to the problem of combining extreme inequality aversion and monotonicity, concepts (ii) and (iii) identify as extremely inequality averse a class of SWOs that includes leximin as a special case, whereas the Lorenz-based concept (i) concludes that extreme inequality aversion and monotonicity are incompatible. Springer-Verlag, 2006 Social Choice and Welfare Springer-Verlag 29/3(2007-10-01), 405-428 0176-1714 29:3<405 2007 29 355 https://doi.org/10.1007/s00355-006-0213-0 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s00355-006-0213-0 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Bosmans Kristof Center for Economic Studies, Katholieke Universiteit Leuven, Naamsestraat 69, 3000, Leuven, Belgium aut NATIONALLICENCE 773 0- Social Choice and Welfare Springer-Verlag 29/3(2007-10-01), 405-428 0176-1714 29:3<405 2007 29 355 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer