Is the Veil of Ignorance Transparent?

Gaël Giraud and Cécile Renouard ()
Additional contact information
Cécile Renouard: ESSEC - Business School

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

Abstract: Theories of justice in the spirit of Rawls and Harsanyi argue that fair-minded people should aspire to make choices for society as if in the original position, that is, behind a veil of ignorance that prevents them from knowing their own social positions. In this paper, we provide a fairly simple framework showing that preferences in front of the veil of ignorance (i.e., in face of everyday risky situations) can be entirely deduced from ethical preferences behind the veil. Moreover, by contrast with Kariv & Zame (2008), in many cases of interest, the converse is not true: Ethical decisions cannot be deduced from economic ones. This not only rehabilitates distributive theories of justice but even proves that standard decision theory in economic environments cannot be exonerated from ethical questioning

Keywords: Moral preferences; business ethics; social preferences; distributional justice; theory of justice; social choice; original position; veil of ignorance; utilitarianism; maximin principle; uncertainty (search for similar items in EconPapers)
JEL-codes: D63 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2011-04
New Economics Papers: this item is included in nep-cdm, nep-evo and nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
ftp://mse.univ-paris1.fr/pub/mse/CES2011/11026.pdf (application/pdf)

Related works:
Journal Article: Is the Veil of Ignorance Transparent? (2011)
Working Paper: Is the Veil of Ignorance transparent? (2011)
Working Paper: Is the Veil of Ignorance transparent? (2011)
Working Paper: Is the Veil of Ignorance transparent? (2011)
Working Paper: Is the Veil of Ignorance Transparent ? (2010)
Working Paper: Is the Veil of Ignorance Transparent ? (2010)
Working Paper: Is the Veil of Ignorance Transparent ? (2010)
Working Paper: Is the Veil of Ignorance Transparent ? (2010)
Working Paper: Is the veil of ignorance transparent? (2010)
Working Paper: Is the Veil of Ignorance Transparent? (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:11026

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