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A Proposal to Unify Some Concepts in the Theory of Fairness

  • Corchon, Luis C.
  • Iturbe-Ormaetxe, Inigo

So far, the Theory of Distributive Justice has tried to single out a unique criterion of Justice. In our opinion, we live in a world in which different people hold conflicting ideas about justice. We propose a procedure for representing these individual opinions, by means of what we call ``aspiration functions'', and we present in this paper three different ways of aggregating such opposing opinions into a socially acceptable judgement. Furthermore, we show that many well-known concepts are special cases of our approach. We study, under a restriction on the form of the aspiration functions, the conditions that are necessary and sufficient for a social choice correspondence to be generated from any of our concepts.

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Article provided by Elsevier in its journal Journal of Economic Theory.

Volume (Year): 101 (2001)
Issue (Month): 2 (December)
Pages: 540-571

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Handle: RePEc:eee:jetheo:v:101:y:2001:i:2:p:540-571
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/622869

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  1. Eric van Damme, 1984. "The Nash Bargaining Solution is Optimal," Discussion Papers 597, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  2. Damme, Eric van, 1986. "The Nash bargaining solution is optimal," Journal of Economic Theory, Elsevier, vol. 38(1), pages 78-100, February.
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  6. H. R. Varian, 1973. "Equity, Envy and Efficiency," Working papers 115, Massachusetts Institute of Technology (MIT), Department of Economics.
  7. Panzer, Elisha A & Schmeidler, David, 1974. "A Difficulty in the Concept of Fairness," Review of Economic Studies, Wiley Blackwell, vol. 41(3), pages 441-43, July.
  8. Moulin, H., 1989. "Uniform Externalities: Two Axioms For Fair Allocation," UFAE and IAE Working Papers 117-89, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
  9. Martin J Osborne & Ariel Rubinstein, 2009. "A Course in Game Theory," Levine's Bibliography 814577000000000225, UCLA Department of Economics.
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  11. Roemer John E. & Silvestre Joaquim, 1993. "The Proportional Solution for Economies with Both Private and Public Ownership," Journal of Economic Theory, Elsevier, vol. 59(2), pages 426-444, April.
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  13. Fleurbaey, Marc & Maniquet, Francois, 1996. "Cooperative Production: A Comparison of Welfare Bounds," Games and Economic Behavior, Elsevier, vol. 17(2), pages 200-208, December.
  14. Roemer, John E, 1982. "Exploitation, Alternatives and Socialism," Economic Journal, Royal Economic Society, vol. 92(365), pages 87-107, March.
  15. H. R. Varian, 1975. "Two Problems in the Theory of Fairness," Working papers 163, Massachusetts Institute of Technology (MIT), Department of Economics.
  16. Chun, Youngsub & Thomson, William, 1988. "Monotonicity properties of bargaining solutions when applied to economics," Mathematical Social Sciences, Elsevier, vol. 15(1), pages 11-27, February.
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  18. Piketty, Thomas, 1994. "Existence of fair allocations in economies with production," Journal of Public Economics, Elsevier, vol. 55(3), pages 391-405, November.
  19. Thomson, W., 1996. "Consistent Allocation Rules," RCER Working Papers 418, University of Rochester - Center for Economic Research (RCER).
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  21. Maniquet, Francois, 1996. "Allocation Rules for a Commonly Owned Technology: The Average Cost Lower Bound," Journal of Economic Theory, Elsevier, vol. 69(2), pages 490-507, May.
  22. Arnsperger, Christian, 1994. " Envy-Freeness and Distributive Justice," Journal of Economic Surveys, Wiley Blackwell, vol. 8(2), pages 155-86, June.
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  28. repec:cup:cbooks:9780521343831 is not listed on IDEAS
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