Arbeitspapier

Intergenerational justice in the Hobbesian state of nature

We analyse the issue of justice in the allocation of resources across generations. Our starting point is that if all generations have a claim to natural resources, then each generation should be entitled to exercise veto power on the unpalatable choices of the other generations. We analyse this situation as one of bargaining á la Rubinstein, Safra and Thomson [15], which incorporates a notion of justice as mutual advantage, rather than justice as impartiality, as in the Kantian-Rawlsian tradition. Our framework captures some key aspects of the interaction between isolated agents in a Hobbesian state of nature, in which agents are not placed behind a veil of ignorance, but none of them is sufficiently strong to impose their will against all others (state of war of all against all). We analyse some new social welfare relations emerging from this Hobbesian framework.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 2010-13

Classification
Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Sustainable Development
Subject
intergenerational justice
bargaining
Hobbes
social choice

Event
Geistige Schöpfung
(who)
Manzini, Paola
Mariotti, Marco
Veneziani, Roberto
Event
Veröffentlichung
(who)
University of Massachusetts, Department of Economics
(where)
Amherst, MA
(when)
2010

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Manzini, Paola
  • Mariotti, Marco
  • Veneziani, Roberto
  • University of Massachusetts, Department of Economics

Time of origin

  • 2010

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