Impartiality and Priority. Part 2: A Characterization with Solidarity

Juan Moreno-Ternero and John Roemer

No 1477B, Cowles Foundation Discussion Papers from Cowles Foundation for Research in Economics, Yale University

Abstract: 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.).

Keywords: Impartiality; Solidarity; Priority; Allocation rules; Characterization result (search for similar items in EconPapers)
JEL-codes: D63 D71 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2004-08, Revised 2005-05
New Economics Papers: this item is included in nep-pol
Note: CFP 1185.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published in Econometrica (2006), 27(5): 311-325

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