Equality and responsibility: ex ante and ex post redistribution mechanisms

Kristof Bosmans () and Z. Emel Öztürk ()
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Kristof Bosmans: Maastricht University
Z. Emel Öztürk: Tilburg University

Economic Theory, 2022, vol. 73, issue 4, No 5, 947-975

Abstract: Abstract We study redistribution in a setting where individual responsibility and circumstance characteristics determine pre-tax income. We distinguish between ex ante and ex post versions of the key principles of compensation and reward. Furthermore, we distinguish between absolute and relative versions of reward. On the basis of these axioms, we provide characterizations of five familiar and two new redistribution mechanisms.

Keywords: Compensation; Reward; Ex ante; Ex post; Responsibility (search for similar items in EconPapers)
JEL-codes: D63 (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/s00199-020-01334-5

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