Apportionment Behind the Veil of Uncertainty*

IF 1.5 4区 经济学 Q2 ECONOMICS Japanese Economic Review Pub Date : 2016-04-21 DOI:10.1111/jere.12093
Junichiro Wada
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引用次数: 2

Abstract

Apportionment of representatives is a basic rule of everyday politics. By definition, this basic rule is a constitutional stage problem and should be decided behind the veil of uncertainty. To bring apportionment closer to quotas, we introduce f‐divergence for utilitarianism and Bregman divergence for consistent optimization. Even in our less restricted condition, we find that we must use α‐divergence for optimization and show that the minimization of α‐divergence induces the same divisor methods that correspond to the maximization of the Kolm–Atkinson social welfare function (or the expected utility function), which is bounded by constant relative risk aversion.
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不确定性面纱背后的分配*
代表的分配是日常政治的基本规则。根据定义,这一基本规则是一个宪法阶段的问题,应该在不确定的面纱后面决定。为了使分配更接近配额,我们引入了效用主义的f散度和一致性优化的Bregman散度。即使在我们较少限制的条件下,我们也发现我们必须使用α-散度进行优化,并证明α-散度的最小化与Kolm-Atkinson社会福利函数(或期望效用函数)的最大化相对应的因子方法相同,该函数以恒定的相对风险厌恶为界。
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来源期刊
CiteScore
2.70
自引率
0.00%
发文量
15
期刊介绍: Started in 1950 by a group of leading Japanese economists under the title The Economic Studies Quarterly, the journal became the official publication of the Japanese Economic Association in 1959. As its successor, The Japanese Economic Review has become the Japanese counterpart of The American Economic Review, publishing substantial economic analysis of the highest quality across the whole field of economics from researchers both within and outside Japan. It also welcomes innovative and thought-provoking contributions with strong relevance to real economic issues, whether political, theoretical or policy-oriented.
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