An Equal Right Solution to the Compensation-Responsability Dilemma

Francois Maniquet

UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)

Abstract: In a simple model where skills may differ among agents, we propose to giv e them an equal right to the resources, interpreted as including both the technological possibilities and the skill profile. An equal right guarantees to each agent a minimal welfare level which depends only on her preferences. The conflicting objectives of unequal skill compensation and preferences responsability are then partially achieved.

Keywords: WELFARE ECONOMICS; SOCIAL JUSTICE; RESOURCE ALLOCATION (search for similar items in EconPapers)
JEL-codes: D30 D33 D60 D63 (search for similar items in EconPapers)
Pages: 22 pages
Date: 1996
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Citations: View citations in EconPapers (1)

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Journal Article: An equal right solution to the compensation-responsibility dilemma (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:aub:autbar:335.96

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