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Social and Behavioral Sciences Commons

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Economics

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Economics Department Working Paper Series

2016

No-envy

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

Entitlement Theory Of Justice And End-State Fairness In The Allocation Of Goods, Biung-Ghi Ju, Juan D. Moreno-Ternero Jan 2016

Entitlement Theory Of Justice And End-State Fairness In The Allocation Of Goods, Biung-Ghi Ju, Juan D. Moreno-Ternero

Economics Department Working Paper Series

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 …


Fair Allocation Of Disputed Properties, Biung-Ghi Ju, Juan D. Moreno-Ternero Jan 2016

Fair Allocation Of Disputed Properties, Biung-Ghi Ju, Juan D. Moreno-Ternero

Economics Department Working Paper Series

We model problems of allocating disputed properties as generalized exchange economies. Therein, agents have preferences and claims over multiple goods, and the social endowment of each good may not be sufficient to satisfy all individual claims. We focus on market-based allocation rules that impose a two-step procedure: assignment of rights based on claims first, and voluntary exchange based on the assigned rights afterwards. We characterize three focal egalitarian rights-assignment rules that guarantee that the allocation rules are fair. We apply our results to problems of greenhouse gas emissions and contested water rights.