Abstract
In this paper, we cast the problem of income redistribution in two different ways, one as a nonlinear goal programming model and the other as a game theoretic model. These two approaches give characterizations for the probabilistic approach suggested by Intriligator for this problem. All three approaches reinforce the linear income redistribution plan as a desirable mechanism of income redistribution.
| Original language | English |
|---|---|
| Pages (from-to) | 435-451 |
| Number of pages | 17 |
| Journal | Journal of Optimization Theory and Applications |
| Volume | 44 |
| Issue number | 3 |
| DOIs | |
| State | Published - Nov 1984 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 1 No Poverty -
SDG 10 Reduced Inequalities
Keywords
- Kullback-Leibler information function
- Probabilistic approach
- Shapley value
- core of a game
- linear income system
- nonlinear goal programming
ASJC Scopus subject areas
- Control and Optimization
- Management Science and Operations Research
- Applied Mathematics
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