In Fairness versus Welfare, we advance the thesis that social policies should be assessed based entirely on their … effects on individuals' well-being. This thesis implies that no independent weight should be accorded to notions of fairness … (other than many purely distributive notions). We support our thesis in three ways: by demonstrating how notions of fairness …

In settings with uncertainty, tension exists between ex ante and ex post notions of fairness (e.g., equal opportunity … findings suggest that the most common attitude toward fairness involves a time-consistent preference for applying naive …

People's fairness preferences are an important constraint for what constitutes an acceptable economic transaction, yet … play an important role in shaping perceptions of fairness. Buyers used to high market prices, for example, are more likely …-dependent fairness preferences--either based on endogenous fairness reference points or based on shifts in salience--that can account for …

fairness related to relative effort …