Economic Theories of Justice

Marc Fleurbaey

Annual Review of Economics, 2019, vol. 11, issue 1, 665-684

Abstract: Social justice considerations are incorporated into welfare economics via properties of the social welfare function and measures of individual utility. The ethical issues underlying various approaches are illustrated through intriguing paradoxes that have emerged in the literature. Such puzzles point to the tensions among certain important values (such as respecting preferences, giving priority to the worse off, personal responsibility, and informational simplicity) and suggest the relevant ways in which reasonable compromise can be sought. Welfare economics is now able to accommodate a large range of conceptions of justice, including utilitarianism and various forms of egalitarianism and libertarianism.

Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://doi.org/10.1146/annurev-economics-080218-030429
Full text downloads are only available to subscribers. Visit the abstract page for more information.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:anr:reveco:v:11:y:2019:p:665-684

Ordering information: This journal article can be ordered from
http://www.annualreviews.org/action/ecommerce

DOI: 10.1146/annurev-economics-080218-030429

Access Statistics for this article

More articles in Annual Review of Economics from Annual Reviews Annual Reviews 4139 El Camino Way Palo Alto, CA 94306, USA.
Bibliographic data for series maintained by http://www.annualreviews.org ().