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November 1, 1986The Quarterly Journal of Economics337 citations

Equality of Resources Implies Equality of Welfare

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JRJohn E. Roemer

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Abstract

If one is an egalitarian, should one try to equalize resources available to agents, or to equalize their welfares? With a suitably general conception of what resources are, these two conceptions cannot be distinguished. An allocation mechanism is defined on a space of economies, and is required to satisfy various axioms that are necessary conditions for "equalizing resources" among a population. The unique mechanism satisfying these axioms on a large domain of economies is the one that allocates commodities so as to equalize utilities of the agents. Methodologically, the theorem is a generalization of bargaining theory because the mechanisms are defined on commodity space.

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Cite This Study

John E. Roemer (1986) studied this question.

synapsesocial.com/papers/6a239c701c36a2d27b9edd1bhttps://doi.org/10.2307/1884177
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