Definitions

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Etymologies

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Examples

  • He could point out that an envy-free person is liberated to prefer a tax code that simply produces the most opportunity and well-being for all.

    Behold the Taxpayer Behind the Tree

  • I explained to my friend that I needed to find out the secrets behind her ability to live such a generous and envy-free life.

    Robi Ludwig: Life Lessons Learned Over Coffee

  • A different way in which envy might be thought to motivate broadly egalitarian thought is by appeal to the idea of envy-free allocations.

    Envy

  • Moreover, an envy-free allocation may be Pareto-indifferent (everyone is indifferent) to another allocation that has envy.

    Economics and Economic Justice

  • An allocation is envy-free if no individual would prefer having the bundle of another.

    Economics and Economic Justice

  • A competitive equilibrium with equal shares (i.e., equal budgets) is the central example of a Pareto-efficient and envy-free allocation.

    Economics and Economic Justice

  • For instance, Pazner and Schmeidler (1974) found out that there may not exist envy-free and Pareto-efficient allocations in the context of production with unequal skills (when there are high-skilled individuals who are strongly averse to labor).

    Economics and Economic Justice

  • It is not welfarist, in the sense that from utility data alone it is impossible to distinguish an envy-free allocation from an allocation with envy.

    Economics and Economic Justice

  • It has been shown by Varian (1976) that, if preferences are sufficiently diverse and numerous (a continuum), then the competitive equilibrium with equal shares is the only Pareto-efficient and envy-free allocation.

    Economics and Economic Justice

  • For instance, in order to check that an allocation is envy-free while another displays envy, it is not enough to know how individuals rank these two allocations in their preferences.

    Economics and Economic Justice

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