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A Scandinavian Consensus Solution for Efficient Income Distribution Among Nonmalevolent Consumers
Ted Bergstrom, University of California, Santa Barbara
This paper is scanned from the Journal of Economic Theory, December 1970 and is printed with the publisher's
permission. The publisher asks me to announce that the website of the JET is found at http://www.elsevier.com/locate/issn/0022-0531.
ABSTRACT: If Persons A and B are both benevolent to C, then a gift from A to C also benefits B. Thus C's income is like a public good to A and B. What happens with lots of people whose affections are entangled? This paper shows that a "distributional Lindahl equilibrium" exists and leads to an efficient income redistribution.
SUGGESTED CITATION: Ted Bergstrom,
"A Scandinavian Consensus Solution for Efficient Income Distribution Among Nonmalevolent Consumers"
(December 1, 1970).
Department of Economics, UCSB.
Ted Bergstrom.
Paper 1970A.
http://repositories.cdlib.org/ucsbecon/bergstrom/1970A
PREVIOUS VERSIONS:
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December 01, 1970
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