Public choice interpretations of distributional preference
AbstractThis essay examines, from the perspective of both economics and ethics, the logical foundations of income transfers in a democratic society that allocates resources, in the large, through free markets. Such transfers, enacted through the public choice process, modify the market-determined distribution of income, as a reflection of the distributional preferences of the members of a society. Both constitutional and post-constitutional explanations of redistributions are considered. A discussion of recent experimental evidence of distributional preferences leads into a critique of simple equality, built on Michael Walzer's distinction between monopoly and dominance, as a criterion of distributive justice. Copyright Kluwer Academic Publishers 1996
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Bibliographic InfoArticle provided by Springer in its journal Constitutional Political Economy.
Volume (Year): 7 (1996)
Issue (Month): 1 (March)
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Web page: http://www.springerlink.com/link.asp?id=102866
A1; HQ; 13;
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- A1 - General Economics and Teaching - - General Economics
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- von Furstenberg, George M & Mueller, Dennis C, 1971. "The Pareto Optimal Approach to Income Redistribution: A Fiscal Application," American Economic Review, American Economic Association, vol. 61(4), pages 628-37, September.
- Hochman, Harold M, 1972. "Individual Preferences and Distributional Adjustments," American Economic Review, American Economic Association, vol. 62(2), pages 353-60, May.
- Hochman, Harold M. & Nitzan, Shmuel, 1985. "Concepts of extended preference," Journal of Economic Behavior & Organization, Elsevier, vol. 6(2), pages 161-176, June.
- Sen, Amartya, 1970. "The Impossibility of a Paretian Liberal," Journal of Political Economy, University of Chicago Press, vol. 78(1), pages 152-57, Jan.-Feb..
- Sen, Amartya Kumar, 1970. "The Impossibility of a Paretian Liberal," Scholarly Articles 3612779, Harvard University Department of Economics.
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