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HandWiki. Egalitarian Equivalence. Encyclopedia. Available online: https://encyclopedia.pub/entry/31216 (accessed on 04 October 2026).
HandWiki. Egalitarian Equivalence. Encyclopedia. Available at: https://encyclopedia.pub/entry/31216. Accessed October 04, 2026.
HandWiki. "Egalitarian Equivalence" Encyclopedia, https://encyclopedia.pub/entry/31216 (accessed October 04, 2026).
HandWiki. (2022, October 25). Egalitarian Equivalence. In Encyclopedia. https://encyclopedia.pub/entry/31216
HandWiki. "Egalitarian Equivalence." Encyclopedia. Web. 25 October, 2022.
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Egalitarian equivalence (EE) is a criterion of fair division. In an egalitarian-equivalent division, there exists a certain "reference bundle" [math]\displaystyle{ Z }[/math] such that each agent feels that his/her share is equivalent to [math]\displaystyle{ Z }[/math]. The EE fairness principle is usually combined with Pareto efficiency. A PEEEA is an allocation that is both Pareto efficient and egalitarian-equivalent.
fairness principle
equivalence
egalitarian-equivalent
References
- Pazner, Elisha A; Schmeidler, David (1978). "Egalitarian Equivalent Allocations: A New Concept of Economic Equity". The Quarterly Journal of Economics 92 (4): 671. doi:10.2307/1883182. http://www.kellogg.northwestern.edu/research/math/papers/174.pdf.
- Pazner, Elisha A (1977). "Pitfalls in the theory of fairness". Journal of Economic Theory 14 (2): 458–466. doi:10.1016/0022-0531(77)90146-6. http://www.kellogg.northwestern.edu/research/math/papers/181.pdf.
- Pazner, Elisha A.; Schmeidler, David (1974). "A Difficulty in the Concept of Fairness". The Review of Economic Studies 41 (3): 441–443. doi:10.2307/2296762. https://dx.doi.org/10.2307%2F2296762
- Herve Moulin (2004). Fair Division and Collective Welfare. Cambridge, Massachusetts: MIT Press. ISBN 9780262134231.
- Postlewaite, in Daniel, Terrence E (1978). "Pitfalls in the theory of fairness—Comment". Journal of Economic Theory 19 (2): 561–564. doi:10.1016/0022-0531(78)90112-6. https://dx.doi.org/10.1016%2F0022-0531%2878%2990112-6
- Thomson, William (1990). "On the non existence of envy-free and egalitarian-equivalent allocations in economies with indivisibilities". Economics Letters 34 (3): 227–229. doi:10.1016/0165-1765(90)90121-G. https://dx.doi.org/10.1016%2F0165-1765%2890%2990121-G
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