Blanchet, Didier; Fleurbaey, Marc - In: Handbook of the economics of giving, altruism and …, (pp. 1465-1503). 2006
considerations to explain the development or sustainability of these transfers. Such is the implicit ambition of efficiency theories … of the Welfare State. However, while these theories may be suited for explaining the development of public insurance or … explained by pure efficiency motives, but less than what would be predicted under the extended insurance hypothesis. One …