Axiomatizing Political Philosophy of Distributive Justice: Equivalence of No-envy and Egalitarian-equivalence with Welfare-egalitarianism
Duygu Yengin ()
No 2011-19, School of Economics and Public Policy Working Papers from University of Adelaide, School of Economics and Public Policy
Abstract:
We characterize welfare-egalitarian mechanisms (that are decision-efficient and incentive compatible) with the two fundamental axioms of fairness: no-envy and egalitarian-equivalence. We consider cases where agents have equal rights over external world resources but are individually responsible for their preferences/costs. Our characterization answers the political philosophy question of what kind of welfare differentials allowed if we respect private ownership rights over self and public ownership over external world. We also relate no-envy and egalitarian-equivalence to "equality of what" debate and build a link between resource and opportunity egalitarianism, and welfare-egalitarianism.
Keywords: egalitarianism; egalitarian-equivalence; no-envy; distributive justice; equality of opportunity; resource egalitarianism; private ownership of the self and public ownership of external world; NIMBY problems; allocation of indivisible goods and money; discrete public goods; strategy-proofness. (search for similar items in EconPapers)
JEL-codes: C79 D61 D63 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2011-03
New Economics Papers: this item is included in nep-gth
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Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:adl:wpaper:2011-19
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