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Persistent link: https://www.econbiz.de/10008550178
This paper re-examines a counterintuitive corollary of utilitarianism under unequal longevities: the tendency to redistribute resources from short-lived towards long-lived agents, against any intuition of compensation. It is shown that this corollary prevails not only under time-additive...
Persistent link: https://www.econbiz.de/10008836153
An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has remained so far largely unexplored, probably because it appears infeasible. Indeed, short-lived agents can hardly be identified ex ante, and cannot be compensated ex post. We argue...
Persistent link: https://www.econbiz.de/10008836160
We endow individuals that differ in skill levels and tastes for working with altruistic preferences for redistribution in a voting model where a unidimensional redistributive parameter is chosen by majority voting in a direct democracy. When altruistic preferences are desert-sensitive, i.e. when...
Persistent link: https://www.econbiz.de/10005043686