Abstract
In this paper, we cast the problem of income redistribution in two different ways, one as a nonlinear goal programming model and the other as a game theoretic model. These two approaches give characterizations for the probabilistic approach suggested by Intriligator for this problem. All three approaches reinforce the linear income redistribution plan as a desirable mechanism of income redistribution.
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This research was partly supported by ONR Contract No. N00014-82-K-0295 with the Center for Cybernetic Studies, The University of Texas, Austin, Texas.
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Charnes, A., Duffuaa, S. & Intriligator, M. Extremal and game-theoretic characterizations of the probabilistic approach to income redistribution. J Optim Theory Appl 44, 435–451 (1984). https://doi.org/10.1007/BF00935461
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DOI: https://doi.org/10.1007/BF00935461