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Precedence,privilege, preferences,plus Pareto principle: Some examples on egalitarian ethics and economic efficiency
Authors:Bengt Arne Wickström
Affiliation:1. Abteilung für Finanzwissenschaft des Instituts für Volkswirtschaftslehre der Johannes-Kepler-Universit?t Linz, A-4040, Linz-Auhof, Austria
Abstract:It is demonstrated how economic theory of justice as fairness, Pareto improvements on situations involving equity, can be used to analyze the ethics contents of distributions of rights and privileges. The analysis makes use of the concept of a veil of ignorance to define a status quo. A property right to an ability or a privilege is interpreted as a transparency in the veil in respect to this ability or privilege. Three different examples are investigated, focusing on rights as collective goods, non-transferable abilities, and privileges as inherent rights.Revised version of Presidential address to the annual meeting of the European Public-Choice Society in Linz, Austria, 29 March to 1 April, 1989. I thank Johann K. Brunner, Josef Falkinger, and Björn Sandvik for many helpful comments.
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