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Health, wealth and fairness

Listed author(s):
  • Marc Fleurbaey

    ()

    (CERSES - Centre de recherche sens, ethique, société - CNRS - Centre National de la Recherche Scientifique - UPD5 - Université Paris Descartes - Paris 5)

How much health should we have and how should it be distributed? This paper studies how to define social objectives for the allocation of health and income in a setting where individuals may differ in their preferences about health and consumption, earning ability and health disposition. It is shown, on the basis of three simple ethical principles, that a reasonable social objective is to apply the maximin criterion to "full-health equivalent" incomes. An application to the choice of the optimal health policy illustrates how this social objective may be used.

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Paper provided by HAL in its series Post-Print with number hal-00247025.

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Date of creation: 2005
Publication status: Published in Journal of Public Economic Theory, Wiley, 2005, 7, pp.253-284
Handle: RePEc:hal:journl:hal-00247025
Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00247025
Contact details of provider: Web page: https://hal.archives-ouvertes.fr/

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