The lower orthant dominance relation is frequently used for multidimensional social welfare comparisons. Recently it has been shown that bivariate dominance can be characterized in terms of elementary mass transfer operations. We provide an algorithm which explicitly decomposes the mass transfers into welfare differences and inequality differences.
|Place of Publication||Odense|
|Number of pages||14|
|Publication status||Published - 17 Jun 2015|
|Series||Discussion Papers on Business and Economics|
- Social welfare
- Lower orthant dominance
- First order dominance