Showing 1 - 10 of 83
A Hard Problem is a collective choice problem in which the only feasible alternatives apart from the status quo consist of a welfare gain to some people (the Winners) and a welfare loss to the others (the Losers). These problems are typical in a number of settings, such as climate action,...
Persistent link: https://www.econbiz.de/10014480412
Sufficientarianism is a prominent approach to distributive justice in political philosophy and in policy analyses. However, it is virtually absent from the formal normative economics literature. We analyse sufficientarianism axiomatically in the context of the allocation of 0-1 normalised...
Persistent link: https://www.econbiz.de/10014536923
Opportunities in society are commonly interpreted as 'chances of success'. Within this interpretation, should opportunities be equalised? We show that a liberal principle of justice and a limited principle of social rationality imply that opportunity profiles should be evaluated by means of a...
Persistent link: https://www.econbiz.de/10010457018
We analyse the liberal ethics of noninterference applied to social choice. A liberal principle capturing noninterfering views of society and inspired by John Stuart Mill's conception of liberty, is examined. The principle captures the idea that society should not penalise agents after changes in...
Persistent link: https://www.econbiz.de/10010457033
Suflicientarianism is a prominent approach in political philosophy and in policy analyses. However, it is virtually absent from the formal normative economics literature. We analyse suflicientarianism axiomatically in the context of the allocation of opportunities (formalised as chances of...
Persistent link: https://www.econbiz.de/10012670863
We analyse the liberal ethics of non-interference applied to social choice. Two liberal principles capturing non-interfering views of society, inspired by J.S. Mill's conception of liberty are examined, which capture the idea that society should not penalise agents after changes in their...
Persistent link: https://www.econbiz.de/10010280763
We analyse the issue of justice in the allocation of resources across generations. Our starting point is that if all generations have a claim to natural resources, then each generation should be entitled to exercise veto power on the unpalatable choices of the other generations. We analyse this...
Persistent link: https://www.econbiz.de/10010287805
Over a quarter of the world's population lives in economies that have undertaken transitions from central planning to market economies. These transitions entail far-reaching and complex changes in social, economic and political institutions and have had widely divergent outcomes. Important...
Persistent link: https://www.econbiz.de/10014480394
In this paper we review recent developments in axiomatic studies of Marxian exploitation theory. First, given the acute controversy over the formal definition of exploitation during the 1970-1990s, we review the study of the axiomatic framework, which identifies some fundamental properties -...
Persistent link: https://www.econbiz.de/10014480489
Fabio Petri's Microeconomics for the Critical Mind (2021) is an impressive tour de force in the field of microeconomic theory. It manifests the author's command of cutting edge analytical tools, concepts, and theoretical approaches both in the mainstream and in the heterodox literature. The book...
Persistent link: https://www.econbiz.de/10014480522