A strong incompatibility between efficiency and equity in non-convex economies |
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| Authors: | Fran ois Maniquet |
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| Affiliation: | Facultés Univ. Notre-Dame de la Paix, Faculté des Sciences Economiques et Sociales, 8 Rempart de la Vierge, 5000 Namur, Belgium |
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| Abstract: | In allocation problems of perfectly divisible goods, we study the equity property of ‘no-domination', according to which no agent can receive strictly more of all goods than any other agent. We prove that no-domination is incompatible with Pareto efficiency, as soon as preferences are allowed to be non-convex. |
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| Keywords: | Pareto efficiency Equity Non-convex preferences |
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