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Sufficientarianism

Author

Listed:
  • José Carlos R. Alcantud

    (University of Salamanca)

  • Marco Mariotti

    (Queen Mary University London)

  • Roberto Veneziani

    (Queen Mary University London)

Abstract

Suflicientarianism is a prominent approach in political philosophy and in policy analyses. However, it is virtually absent from the formal normative economics liter­ature. We analyse suflicientarianism axiomatically in the context of the allocation of opportunities (formalised as chances of success). We characterise the core sufli­cientarian criterion, which counts the number of agents who attain a "good enough" chance of success. The characterising axioms shed new light on the key ethical con­stituents of suflicientarianism: they express a liberal principle of non-interference, a form of minimal respect for equality, and a form of separability across individuals. Given the large indifference classes inbuilt in the core version, we also discuss two alternative social opportunity relations that refine the suflicientarian intuitions: the multi-threshold suflicientarian ordering and an incomplete relation focusing only on the suflicientarian strict preferences

Suggested Citation

  • José Carlos R. Alcantud & Marco Mariotti & Roberto Veneziani, "undated". "Sufficientarianism," Working Papers 900, Queen Mary University of London, School of Economics and Finance.
    • Handle: RePEc:qmw:qmwecw:900
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    File URL: https://www.qmul.ac.uk/sef/media/econ/research/workingpapers/2019/wp900i.pdf
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    Keywords

    opportunities; chances of success; suflicientarianism;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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