An Equal Right Solution to the Compensation-Responsability Dilemma
AbstractIn a simple model where skills may differ among agents, we propose to giv e them an equal right to the resources, interpreted as including both the technological possibilities and the skill profile. An equal right guarantees to each agent a minimal welfare level which depends only on her preferences. The conflicting objectives of unequal skill compensation and preferences responsability are then partially achieved.
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Bibliographic InfoPaper provided by Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) in its series UFAE and IAE Working Papers with number 335.96.
Length: 22 pages
Date of creation: 1996
Date of revision:
WELFARE ECONOMICS; SOCIAL JUSTICE; RESOURCE ALLOCATION;
Other versions of this item:
- Maniquet, Francois, 1998. "An equal right solution to the compensation-responsibility dilemma," Mathematical Social Sciences, Elsevier, vol. 35(2), pages 185-202, March.
- D30 - Microeconomics - - Distribution - - - General
- D33 - Microeconomics - - Distribution - - - Factor Income Distribution
- D60 - Microeconomics - - Welfare Economics - - - General
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
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