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Can everyone benefit from innovation?
Journal of Mathematical Economics ( IF 1.0 ) Pub Date : 2020-05-01 , DOI: 10.1016/j.jmateco.2020.02.001
Christopher P. Chambers , Takashi Hayashi

This paper investigates whether there is an allocation rule for which innovation never hurts anyone. Existing studies provide possibility characterizations together with efficiency and a natural participation constraint, assuming the domain of one input good and one output good in which nobody prefers to consume more of the input good than what she has. We show that this possibility result does not survive and we lead to impossibility either when (i) somebody wants to consume the input good more than what she has; or when (ii) there are multiple input goods.

中文翻译:

每个人都能从创新中受益吗?

本文研究是否存在创新永远不会伤害任何人的分配规则。现有研究提供了可能性特征以及效率和自然参与约束,假设在一种投入品和一种产出品的领域中,没有人愿意消费比她拥有的更多的投入品。我们表明,当(i)有人想要比她拥有的更多地消费投入品时,这种可能性结果不会存在,并且我们导致不可能性;或当 (ii) 有多种投入品时。
更新日期:2020-05-01
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