LSE LSE Research Laboratory LSE
LSE Research Laboratory (RLAB)

Abstract for:

Monotonicity and the Pareto Principle (Now published in Economics Letters 45 (1994), pp.447-450)

Yoram  Amiel,  Frank A  Cowell,  October 1993
Paper No' DARP 006: | Full paper (pdf)
Save Reference as: BibTeX BibTeX File | Endote EndNote Import File
Keywords: Monotonicity; Pareto superiority; income dominance

JEL Classification:

Is hard copy/paper copy available? NO - Paper Copy Out Of Print.
This Paper is published under the following series: Distributional Analysis Research Programme
Share this page: Google Bookmarks Google Bookmarks | Facebook Facebook | Twitter Twitter


We examine the implications of three similar criteria that are commonly used in welfare economics and the analysis of inequality and poverty - income dominance, monotonicity and the Pareto principle - within the context of income-distribution comparisons. We show that whilst there is a simple logical relationship between the first two criteria, the third is neither implied by nor implies the other two unless an assumption of individual indifference to income distribution is made.