Arbeitspapier
Entitlement theory of justice and end-state fairness in the allocation of goods
Robert Nozick allegedly introduced his liberal theory of private ownership as an objection to theories of end-state justice. Nevertheless, we show that, in a stylized framework for the allocation of goods in joint ventures, both approaches can be seen as complementary. More precisely, in such a context, self-ownership (the basis for Nozick's entitlement theory of justice) followed by voluntary transfer (Nozick's principle of just transfer) can lead to end-state fairness (as well as Pareto efficiency). Furthermore, under a certain solidarity condition, the only way to achieve end-state fairness, following Nozick's procedure, is to endorse an egalitarian rule for the initial assignment of rights.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 2016-14
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Ju, Biung-Ghi
Moreno-Ternero, Juan D.
- Event
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Veröffentlichung
- (who)
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University of Massachusetts, Department of Economics
- (where)
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Amherst, MA
- (when)
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2016
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Ju, Biung-Ghi
- Moreno-Ternero, Juan D.
- University of Massachusetts, Department of Economics
Time of origin
- 2016
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