Arbeitspapier
An Economics-Based Rationale for the Rawlsian Social Welfare Program
We show that a social planner who seeks to allocate a given sum in order to reduce efficiently the social stress of a population, as measured by the aggregate relative deprivation of the population, pursues a disbursement procedure that is identical to the procedure adhered to by a Rawlsian social planner who seeks to allocate the same sum in order to maximize the Rawlsian maximin-based social welfare function. Thus, the constrained minimization of aggregate relative deprivation constitutes an economics-based rationale for the philosophy-based constrained maximization of the Rawlsian social welfare function.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 13662
- Klassifikation
-
Wirtschaft
Relation of Economics to Social Values
Microeconomic Policy: Formulation, Implementation, and Evaluation
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
National Government Expenditures and Welfare Programs
Comparative Analysis of Economic Systems
- Thema
-
Rawlsian social welfare function
aggregate relative deprivation (ARD)
social stress
an algorithm of cost-effective policy response to ARD
congruence of the algorithm with the Rawlsian social welfare program
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Stark, Oded
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Stark, Oded
- Institute of Labor Economics (IZA)
Entstanden
- 2020
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