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comparable. This allows us to conclude that the impartiality requirement cannot be used to decide between Rawls' and Harsanyi …
Persistent link: https://www.econbiz.de/10010750385
Most prominent models of economic justice (and especially those proposed by Harsanyi and Rawls) are based on the … assumption that impartiality is required for making moral decisions. However, although Harsanyi and Rawls agree on that, and … furthermore agree on the fact that impartiality can be obtained under appropriate conditions of ignorance, they strongly disagree …
Persistent link: https://www.econbiz.de/10010750681
This paper investigates whether and how litigant peer stock ownership by federal district judges affects characteristics of case outcomes for large corporate litigants. We find that industry-peer stock ownership by district judges is associated with the following outcomes for corporate litigants...
Persistent link: https://www.econbiz.de/10014238883
Following a long-standing philosophical tradition, impartiality is a distinctive and determining feature of moral … judgments, especially in matters of distributive justice. This broad ethical tradition was revived in welfare economics by …
Persistent link: https://www.econbiz.de/10005412494
This paper analyses one of Turgot's first economic essays, Plan d'un ouvrage sur le commerce, la circulation et l'intérêt de l'argent, la richesse des états (1753-4). Written prior to the appearance of physiocratic influence, it is Turgot's contribution to the movement of writing that bubbled...
Persistent link: https://www.econbiz.de/10011613794
In a novel experimental design, we study how social immobility affects the choice among distributional schemes in an experimental democracy. We design a two-period experiment in which subjects first choose a distributional scheme by majority voting (“social contract”). Then subjects engage...
Persistent link: https://www.econbiz.de/10014504499
We refine the understanding of individual preferences across social lotteries, whereby the payoffs of a pair of subjects are exposed to random shocks. We find that aggregate behavior is ex-post and ex-ante inequality averse, but also that there is a wide variety of individual preferences and...
Persistent link: https://www.econbiz.de/10011476573
The steady increase in inequality over the past decades has revived a lively debate about what can be considered a fair distribution of income. Public support for the extent of redistribution typically depends on the perceived causes of income inequality, such as differences in effort, luck, or...
Persistent link: https://www.econbiz.de/10011704184
We develop and implement a new measure for inequality aversion: two peers are endowed with identical binary lotteries and the only choice they make is whether they want to play out the lotteries independently or with perfect positive correlation (coupling). Coupling has no other e ect than...
Persistent link: https://www.econbiz.de/10012108631
This paper analyses one of Turgot's first economic essays, Plan d´un ouvrage sur le commerce, la circulation et l´intérêt de l´argent, la richesse des états (1753-4). Written prior to the appearance of physiocratic influence, it is Turgot's contribution to the movement of writing that...
Persistent link: https://www.econbiz.de/10011603388