Fair allocations in large economies with unequal production skills

摘要

This paper considers the problem of fair allocation among individuals with unequal production skills. We introduce the concept of productivity-adjusted average no-envy. It is shown that equal-income Walrasian allocations are the only surviving allocations that are productivity-adjusted average envy-free and efficient when the original economy is infinitely replicated. We also examine local versions of productivity-adjusted average no-envy and other equity concepts.