Impartiality and Priority. Part 2: A Characterization with Solidarity
The ethic of 'priority' is a compromise between the extremely compensatory ethic of 'welfare equality' and the needs-blind ethic of ‘income equality’. We propose an axiom of priority, and characterize resource allocation rules that are impartial, prioritarian, and solidaristic. They comprise a class of rules which equalize across individuals some index of resources and welfare. Consequently, we provide an ethical rationalization for the many applications in which such indices have been used (e.g., the 'human development index,' 'index of primary goods,' etc.).
|Date of creation:||Aug 2004|
|Date of revision:||May 2005|
|Publication status:||Published in Econometrica (2006), 27(5): 311-325|
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- EHLERS, Lars & KLAUS, Bettina, 2003.
"Resource-Monotonicity for House Allocation Problems,"
Cahiers de recherche
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- Keiding, Hans & Moulin, Herve, 1991. "The solidarity axiom in parametric surplus-sharing problems," Journal of Mathematical Economics, Elsevier, vol. 20(3), pages 249-270.
- Juan Moreno-Ternero & John E. Roemer, 2004. "Impartiality and Priority. Part 1: The Veil of Ignorance," Cowles Foundation Discussion Papers 1477A, Cowles Foundation for Research in Economics, Yale University, revised May 2005.
- Thomson, W., 1996. "Consistent Allocation Rules," RCER Working Papers 418, University of Rochester - Center for Economic Research (RCER).
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