NE&EP webinar: Monday 20th, Kristof Bosmans on Multidimensional Welfare and Inequality

[may...@gmail.com]

Dear all,

 

Our next webinar will be on Monday, October 20th, at 11am EST\ 5pm Paris, with Kristof Bosmans (University of Maastricht) presenting:

 

Multidimensional welfare and inequality: we need to talk about efficiency (joint with Koen Decancq and Erwin Ooghe)

Abstract: We strengthen the theory of multidimensional welfare and inequality measurement by explicitly incorporating allocative efficiency. Our approach combines the axiomatic rigor of more recent studies with the utility-based foundations of earlier work. We draw a sharp distinction between efficiency, captured by the standard Pareto axiom, and inequality, represented by a new transfer axiom that applies only to efficiency-neutral transfers. These axioms reappear—suitably adapted—in our characterizations of welfare, inequality, and efficiency criteria. The analysis yields characterizations of well-established welfare criteria, unconventional but widely used inequality criteria, and novel efficiency criteria.

You can join the webinar with the following link: https://uio.zoom.us/j/67810105633

 

We are looking forward to seeing you there!

 

All the best,

 

Maya Eden and Paolo Piacquadio