Fleurbaey, Marc; Leroux, Marie-Louise; Ponthière, Grégory - Groupement de Recherche en Économie Quantitative … - 2010
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...