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Three Solutions for the Compensation Problem

Marc Fleurbaey

Chapter 2 in Equality of Opportunity:The Economics of Responsibility, 2012, pp 33-51 from World Scientific Publishing Co. Pte. Ltd.

Abstract: A model of fair division in which differential claims are grounded in talents and handicaps is studied, and a characterization of three solutions is provided. The first two solutions, conditional equality and egalitarian-equivalence, display dual properties. The consistency axiom is shown to have strong consequences in one-good models. Journal of Economic Literature.

Keywords: Equality; Opportunity; Fairness; Compensation; Responsibility; Taxation (search for similar items in EconPapers)
Date: 2012
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Journal Article: Three Solutions for the Compensation Problem (1995) Downloads
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