Abstract
If preferences admit an inferior good, then non-exceptional cases are shown to arise, where the sum of two consumers' concave utilities will be increased by transfers of any goods, themselves inferior or not, from the worse-off consumer to the better-off.
Original language | English |
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Pages (from-to) | 121-124 |
Number of pages | 4 |
Journal | Economics Letters |
Volume | 4 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1979 |
Externally published | Yes |