Skip to main content
profile image
Selected Works of Ted C Bergstrom
Article
A Scandinavian Consensus Solution for Efficient Income Distribution Among Nonmalevolent Consumers
Journal of Economic Theory (1970)
  • Ted Bergstrom, University of California, Santa Barbara
Link Find in your library
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.

Keywords
  • benevolence,
  • Lindahl equilibrium,
  • gifts,
  • nonmalevolence,
  • income redistribution,
  • Pareto optimality
Disciplines
Publication Date
December, 1970
Citation Information
Ted Bergstrom. "A Scandinavian Consensus Solution for Efficient Income Distribution Among Nonmalevolent Consumers" Journal of Economic Theory Vol. 2 Iss. 4 (1970)
Available at: http://works.bepress.com/ted_bergstrom/85/