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Since Becker (1971), a common argument against asymmetric norms that promote minority rights over those of the majority is that such policies reduce total welfare. While this may be the case, we show that there are simple environments where aggregate sum of individual utilities is actually...
Persistent link: https://www.econbiz.de/10010897945
Persistent link: https://www.econbiz.de/10005053264
This paper defends the use of asymmetric norms which grant gre- ater privileges to minorities than to majorities. The norms we discuss include norms facilitating the establishment or prohibition of minority- only or majority-only institutions, neighborhoods, or associations. While traditionally...
Persistent link: https://www.econbiz.de/10008783614