A tale of two Rawlsian criteria

Thai Ha-Huy (University of Evry Paris-Saclay)

 

This article considers optimization problems under two Rawls criteria. The first criterion is the classical Rawls criterion from the literature and the second one is based on the maximin criteria with multiple discount factors presented in Chambers and Echenique (2018). Although these criteria are different, they have the same optimal value and solution.