Redistribution and the Efficiency/Justice Trade-Off
AbstractSocial justice has become a main objective of economic policy and so often dominates efficiency considerations. In the history of economic thoughts the trade off between efficiency and justice has often been discussed but remained an unsolved problem. In using a simple approach of standard welfare economics the trade-off can be clarified and at least some theoretical arguments found that compulsory income redistribution is usually connected with disincentives and more or less serious efficiency losses.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Athens University of Economics and Business in its series DEOS Working Papers with number 92.
Length: 34 pages
Date of creation: 1998
Date of revision:
INCOME REDISTRIBUTION ; SOCIAL JUSTICE ; EFFICIENCY;
Other versions of this item:
- Petersen, H.-G., 1998. "Redistribution and the Efficiency/Justice Trade-Off," Athens University of Economics and Business 92, Athens University of Economics and Business, Department of International and European Economic Studies.
- Hans-Georg Petersen, 2004. "Redistribution and the Efficiency-Justice Trade-off," Finanzwissenschaftliche DiskussionsbeitrÃ¤ge 42, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät.
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekaterini Glynou).
If references are entirely missing, you can add them using this form.