Journal article | Zeitschriftenartikel

Economic Analysis of Trade-offs between Justices

We argue that economics - as the scientific method of analysing trade-offs - can be helpful (and may even be indispensable) for assessing the trade-offs between intergenerational and intragenerational justice. Economic analysis can delineate the "opportunity set" of politics with respect to the two normative objectives of inter- and intragenerational justice, i.e. it can describe which outcomes are feasible in achieving the two objectives in a given context, and which are not. It can distinguish efficient from inefficient uses of instruments of justice. It can identify the "opportunity cost" of attaining one justice to a higher degree, in terms of less achievement of the other. We find that, under very general conditions, (1) efficiency in the use of instruments of justice implies that there is rivalry between the two justices and the opportunity cost of either justice is positive; (2) negative opportunity costs of achieving one justice exist if there is facilitation between the two justices, which can only happen if instruments of justice are used inefficiently; (3) opportunity costs of achieving one justice are zero if the two justices are independent of each other, which is the case in the interior of the opportunity set where instruments of justice are used inefficiently.

Economic Analysis of Trade-offs between Justices

Urheber*in: Baumgärtner, Stefan; Glotzbach, Stefanie; Hoberg, Nikolai; Quaas, Martin F.; Stumpf, Klara Helene

Namensnennung 4.0 International

Weitere Titel
Ökonomische Analyse der Trade-offs zwischen Gerechtigkeiten
ISSN
2190-6335
Umfang
Seite(n): 4-9
Sprache
Englisch
Anmerkungen
Status: Veröffentlichungsversion; begutachtet (peer reviewed)

Erschienen in
Intergenerational Justice Review(1)

Thema
Ökologie
Wirtschaft
Ökologie und Umwelt
Allgemeines, spezielle Theorien und Schulen, Methoden, Entwicklung und Geschichte der Wirtschaftswissenschaften
Gerechtigkeit
Nachhaltigkeit
nachhaltige Entwicklung
Effizienz
Generationenverhältnis
Ressourcen
Knappheit
ökonomische Theorie
ökonomisches Verhalten
Opportunitätskosten

Ereignis
Geistige Schöpfung
(wer)
Baumgärtner, Stefan
Glotzbach, Stefanie
Hoberg, Nikolai
Quaas, Martin F.
Stumpf, Klara Helene
Ereignis
Veröffentlichung
(wo)
Deutschland
(wann)
2012

DOI
URN
urn:nbn:de:0168-ssoar-62016-9
Rechteinformation
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Letzte Aktualisierung
21.06.2024, 16:27 MESZ

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Objekttyp

  • Zeitschriftenartikel

Beteiligte

  • Baumgärtner, Stefan
  • Glotzbach, Stefanie
  • Hoberg, Nikolai
  • Quaas, Martin F.
  • Stumpf, Klara Helene

Entstanden

  • 2012

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