Item request has been placed! ×
Item request cannot be made. ×
loading  Processing Request

Robust normative comparisons of socially risky situations

Item request has been placed! ×
Item request cannot be made. ×
loading   Processing Request
  • معلومة اضافية
    • Contributors:
      Groupement de Recherche en Économie Quantitative d'Aix-Marseille (GREQAM); École des hautes études en sciences sociales (EHESS)-Aix Marseille Université (AMU)-École Centrale de Marseille (ECM)-Centre National de la Recherche Scientifique (CNRS); Centre de recherche en économie et management (CREM); Université de Caen Normandie (UNICAEN); Normandie Université (NU)-Normandie Université (NU)-Université de Rennes (UR)-Centre National de la Recherche Scientifique (CNRS)
    • بيانات النشر:
      HAL CCSD
      Springer Verlag
    • الموضوع:
      2015
    • Collection:
      Normandie Université: HAL
    • نبذة مختصرة :
      International audience ; In this paper, we theoretically characterize robust empirically implementable normative criteria for evaluating socially risky situations. Socially risky situations are modeled as distributions, among individuals, of lotteries on a finite set of state-contingent pecuniary consequences. Individuals are assumed to have selfish Von Neumann-Morgenstern preferences for these socially risky situations. We provide empirically implementable criteria that coincide with the unanimity, over a reasonably large class of such individual preferences, of anonymous and Pareto-inclusive Von Neuman Morgenstern social rankings of risks. The implementable criteria can be interpreted as sequential expected poverty dominance.An illustration of the usefulness of the criteria for comparing the exposure to unemployment risk of different segments of the French and US workforce is also provided.
    • Relation:
      halshs-01057024; https://shs.hal.science/halshs-01057024; https://shs.hal.science/halshs-01057024/document; https://shs.hal.science/halshs-01057024/file/GravTardomRiskSCW4.pdf
    • الرقم المعرف:
      10.1007/s00355-014-0833-8
    • Rights:
      info:eu-repo/semantics/OpenAccess
    • الرقم المعرف:
      edsbas.28E612FC