Fairness, responsibility, and welfare / Marc Fleurbaey.

Format:

Book

Author/Creator:

Fleurbaey, Marc.

Language:

English

Subjects (All):

Social justice.

Welfare economics.

Responsibility.

Physical Description:

x, 295 pages : illustrations ; 24 cm

Place of Publication:

Oxford ; New York : Oxford University Press, 2008.

Contents:

Why responsibility? 1

Responsibility and economics 3

Responsibility and philosophy 7

Is responsibility-sensitive egalitarianism half-libertarian or half-utilitarian? 10

A reader's guide 14

*General mathematical conventions 14

1 Defining fairness 15

1.2 *Model and notations 16

1.4 The reward problem 20

1.5 Compensation, neutrality and no-envy 21

1.6 Analyzing compensation 25

1.7 Analyzing neutrality 29

1.8 *Fairness conditions 34

1.9 *The distribution case 39

2 Distributing fairly 41

2.2 Impossibilities and incompatibilities 42

2.3 *The compensation-neutrality trade-off 44

2.4 Weakening no-envy 49

2.5 *No-envy rankings 54

2.6 Conditional equality, egalitarian-equivalence 61

2.7 *Characterization results 64

3 Introduction to incentive issues 73

3.2 From allocation rules to social orderings 74

3.3 *Social ordering functions 75

3.4 Incentives 81

3.5 *Optimal compensation policies 88

3.6 Multiple goods and in-kind transfers 96

3.7 *Satiation 98

4 Unequal skills 101

4.2 *The model 104

4.3 Compensation and neutrality 105

4.4 *Axioms of fairness 107

4.5 Conditional-equality solutions 110

4.6 Egalitarian-equivalent solutions 113

4.7 *Refinements of no-envy 116

4.8 *Characterizations 121

5 Income redistribution 127

5.2 From allocation rules to social orderings 128

5.3 *Social ordering functions 130

5.4 Fair income tax 134

5.5 *Analyzing taxes 139

5.6 *Unearned income 146

5.7 Skills and quality of life 148

5.8 Education and skills 149

6 Risk, insurance and option luck 153

6.2 The luck factor 155

6.3 Comprehensive well-being 156

6.4 An ex post evaluation 157

6.5 Two criteria 160

6.6 *Risky actions and incentives 164

6.7 *The intrinsic failure of insurance markets 166

6.8 Dworkin's hypothetical insurance 172

7 Fresh starts 177

7.2 Freedom and forgiveness 179

7.3 Fresh start policies: an outline 183

7.4 *Savings and moans 187

7.5 Education, earnings, savings 195

8 Utilitarian reward 199

8.2 Two social orderings 200

8.3 Another compensation-reward dilemma 202

8.4 *Axiomatic analysis 206

8.5 Applications 213

8.5.1 *The TU case 213

8.5.2 *The distribution case 215

8.5.3 Unequal skills and income taxation 216

8.6 A statistical measurement of responsibility 217

8.7 Alternative approaches to reward 221

9 Inequalities of opportunity and social mobility 225

9.2 *Inequality indices 226

9.3 Social mobility and social welfare 230

9.4 *Social welfare decomposed 232

9.5 Opportunity dominance versus compensation 236

9.6 The partial-circumstance problem 240

9.7 *More on the partical-circumstance problem 241

10 Responsibility, freedom and social justice 245

10.2 The responsibility cut 247

10.3 Responsibility or freedom 253

10.4 Preference liability versus welfarism 258

10.5 The responsibility sphere 260

10.6 Ex-post inequalities matter 263

10.7 Egalitarian-equivalence 267

10.8 Equality of autonomy 272.

Notes:

Includes bibliographical references (pages 277-287) and index.

ISBN:

9780199215911

019921591X

OCLC:

214305891