“justice” is a fine adjective to which various nouns may be attributed. these nouns can be divided into three universal categories: individual person, social situation, and society. each of these nouns has a particular characteristic feature based on which one may not use any given definition for justice. the purpose of this essay is to argue that taking the noun of justice into consideration i...

We reconsider the problem of aggregating individual preference orderings into a single social ordering when alternatives are lotteries and individual preferences are of the von Neumann-Morgenstern type. Relative egalitarianism ranks alternatives by applying the leximin ordering to the distributions of (0-1) normalized utilities they generate. We propose an axiomatic characterization of this agg...

In this paper, we discuss the egalitarianism solution (ES) and center-of-gravity of the imputation-set value (CIV) for bicooperative games, which can be seen as the extensions of the solutions for traditional games given by Dutta and Ray [1] and Driessen and Funaki [2]. Furthermore, axiomatic systems for the given values are proposed. Finally, a numerical example is offered to illustrate the pl...

Marginanism and egalitarianism are two main standpoints in economics. The Shapley value has been characterized in many ways from the view of marginalism. In this paper, we characterize the Solidarity value with respect to the egalitarianism by three approaches applied to the Shapley value. We introduce a revised potential function and deduce the recursive formula of the Solidarity value. It is ...