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Equality and responsibility: ex ante and ex post redistribution mechanisms

Author

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  • Kristof Bosmans

    (Maastricht University)

  • Z. Emel Öztürk

    (Tilburg University)

Abstract

We study redistribution in a setting where individual responsibility and circumstance characteristics determine pre-tax income. We distinguish between ex ante and ex post versions of the key principles of compensation and reward. Furthermore, we distinguish between absolute and relative versions of reward. On the basis of these axioms, we provide characterizations of five familiar and two new redistribution mechanisms.

Suggested Citation

  • Kristof Bosmans & Z. Emel Öztürk, 2022. "Equality and responsibility: ex ante and ex post redistribution mechanisms," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(4), pages 947-975, June.
  • Handle: RePEc:spr:joecth:v:73:y:2022:i:4:d:10.1007_s00199-020-01334-5
    DOI: 10.1007/s00199-020-01334-5
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    References listed on IDEAS

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    More about this item

    Keywords

    Compensation; Reward; Ex ante; Ex post; Responsibility;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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