IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Redistribution and the Efficiency

Listed author(s):
  • Hans Georg Petersen

Redistribution and the Efficiency (by Hans Georg Petersen) - ABSTRACT: The trade-off between efficiency and justice is one of the most important political conflicts in democratic societies. However, a clear definition of justice is helpful to come to a social consensus on a quasi-optimal mix of both important societal targets. While justice of ability is fully in accordance with economic efficiency, the justice of needs concept requires a more careful analytical investigation. Justice of needs and combating poverty is always connected with income redistribution; in case of altruism the redistribution often takes place on a voluntary basis, which is obviously positive from a social perspective and even trouble-free for economic efficiency. In case of egoistic sentiments, voluntary redistribution becomes questionable and the state as redistributive agent begins to play an important role. Whereas altruism and egoism overwhelmingly will lead to a societal agreement on anti-poverty strategies, envy as a negative interdependency in between the individual utility functions plays a harmful and dangerous role for a social consensus in democratic societies.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: Single articles can be downloaded buying download credits, for info:

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by FrancoAngeli Editore in its journal STUDI ECONOMICI.

Volume (Year): 2004/82 (2004)
Issue (Month): 82 ()

in new window

Handle: RePEc:fan:steste:v:html10.3280/ste2004-082001
Contact details of provider: Web page:

Order Information: Web: Email:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:fan:steste:v:html10.3280/ste2004-082001. See general 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: (Angelo Ventriglia)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.