TY - JOUR
T1 - Social contract theory and ordinal distributive equity
AU - Pazner, Elisha A.
AU - Schmeidler, David
N1 - Funding Information:
*The research of both authors has been supported by a grant from the Ford Foundation. An earlier version of this paper appeared as working paper no. 27 (July, 1973) of the Foerder Institute for Economic Research at Tel-Aviv University. The authors wish to thank the Editor and an anonymous referee for their helpful suggestions.
PY - 1976
Y1 - 1976
N2 - The concept of the original position, implicit in some of Lerner's and Harsanyi's works, lies at the heart of Rawls' contractarian approach to the theory of justice. This conceptual framework is used here to analyze the problem of distributive equity. It is shown that in a standard pure exchange economy, a social contract specifying the egalitarian distribution of economic resources might be expected to emerge in the original position. This result holds for any number of individuals and any number of commodities. The analysis does not involve interpersonal welfare comparisons and can be carried out within a purely ordinal framework of individual preferences.
AB - The concept of the original position, implicit in some of Lerner's and Harsanyi's works, lies at the heart of Rawls' contractarian approach to the theory of justice. This conceptual framework is used here to analyze the problem of distributive equity. It is shown that in a standard pure exchange economy, a social contract specifying the egalitarian distribution of economic resources might be expected to emerge in the original position. This result holds for any number of individuals and any number of commodities. The analysis does not involve interpersonal welfare comparisons and can be carried out within a purely ordinal framework of individual preferences.
UR - http://www.scopus.com/inward/record.url?scp=34248479814&partnerID=8YFLogxK
U2 - 10.1016/0047-2727(76)90019-0
DO - 10.1016/0047-2727(76)90019-0
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AN - SCOPUS:34248479814
SN - 0047-2727
VL - 5
SP - 261
EP - 268
JO - Journal of Public Economics
JF - Journal of Public Economics
IS - 3-4
ER -