This paper introduces a solution for the fair division of common property resources in production economies with multiple inputs and outputs. It is derived from complementing the Walrasian solution by welfare bounds, whose ethical justification rests on commonality of ownership. We then apply...

Questions of international distributive justice are certainly not new. We need only think of the demand made by the developing countries in the 1970s for a New World Economic Order, which aimed at a more equitable distribution of the benefits derived from the international division of labor....

Fragen der internationalen Verteilungsgerechtigkeit sind beileibe nicht neu. Man denke nur an die Forderung der Entwicklungsländer aus den siebziger Jahren nach einer Neuen Weltwirtschaftsordnung, die auf eine gerechtere Verteilung der Vorteile aus der internationalen Arbeitsteilung abzielte....

In this paper, we analyze technology transfers (TT) and tradable emission rights, which are core issues of the ongoing climate negotiations. Subsidizing TT leads to the adoption of better abatement technologies in developing countries, thereby reducing the international permit price. This is...

This paper introduces a solution for the fair division of common property resources in production economies with multiple inputs and outputs. It is derived from complementing the Walrasian solution by welfare bounds, whose ethical justification rests on commonality of ownership. We then apply...