Behavioural utilitarianism and distributive justice

نویسندگان

چکیده

What are the distributive implications of utilitarianism? Is it compatible with a concern for equality, as many utilitarians have argued? We analyse these questions in context pure allocation problem. consider an infinitely-lived economy and, drawing on behavioural literature, assume that individuals reference-dependent preferences: agents’ utility is function current consumption and reference point which captures habits, or upbringing. Assuming history inequalities consumption, we show utilitarian equalising: starting from unequal distribution, decrease over time at optimum. However, even though agents relevant sense identical, equality does not obtain any finite time.

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ژورنال

عنوان ژورنال: Economics Letters

سال: 2022

ISSN: ['1873-7374', '0165-1765']

DOI: https://doi.org/10.1016/j.econlet.2022.110488