The distribution of wealth in the liberal social contract
I want to consider several systems of private property, where individual agents can redistribute private wealth, individually or collectively, according to moral sentiments. The ‘Distributive Lindahl Equilibrium’ is considered first and it is proven unstable and ethically questionable. Then, a defin...
Gespeichert in:
| Veröffentlicht in: | European economic review 1998-02, Vol.42 (2), p.329-347 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 347 |
|---|---|
| container_issue | 2 |
| container_start_page | 329 |
| container_title | European economic review |
| container_volume | 42 |
| creator | Ythier, Jean Mercier |
| description | I want to consider several systems of private property, where individual agents can redistribute private wealth, individually or collectively, according to moral sentiments. The ‘Distributive Lindahl Equilibrium’ is considered first and it is proven unstable and ethically questionable. Then, a definition of the ‘Distributive Liberal Social Contract’ is proposed which appears ethically and practically acceptable. The logical consistency of the liberal social contract is established in a theorem which proves the existence of such a contract for all initial distributions of wealth, when individual agents share the common opinions that wealth should be consumed by individuals rather than disposed of, and that gifts should flow down the scale of wealth. The distributive liberal social contracts are then the Pareto efficient distributions that are unanimously preferred to the initial distribution of rights. |
| doi_str_mv | 10.1016/S0014-2921(97)00068-8 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_miscellaneous_839109797</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><els_id>S0014292197000688</els_id><sourcerecordid>1518342664</sourcerecordid><originalsourceid>FETCH-LOGICAL-c523t-5dec735bbea4ffddbc227b14c671015f218bb4b7c2cbfa9a715dc4852b5072a43</originalsourceid><addsrcrecordid>eNqFkE2LFDEQhoMoOI7-BKHRg3pozWcnOYksfrLgwRW8haS6msnS0xmTzMj-e9M7sgdBDFReSD1VeXkJecroa0bZ8OYbpUz23HL20upXlNLB9OYe2TCjRa80_3GfbO6Qh-RRKdcNYq29IfZqh90YS80xHGtMS5em7hf6ue66uHS1decYMPu5KwliE0hLzR7qY_Jg8nPBJ390S75_eH918am__Prx88W7yx4UF7VXI4IWKgT0cprGMQDnOjAJg27m1cSZCUEGDRzC5K3XTI0gjeJBUc29FFvy4rz3kNPPI5bq9rEAzrNfMB2LM8IyarXVjXz2F3mdjnlp5hyzholBDSv0_J-QYkZIPgzrp-pMQU6lZJzcIce9zzeOUbeG7m5Dd2uizmp3G3qzsiVfznMZDwh3Q7geyHhyJye85O26acWsNU1iq_Xp0Epw64TUblf3bdnb8zJs8Z4iZlcg4gI4xoxQ3Zjif-z8BidWoK0</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1518342664</pqid></control><display><type>article</type><title>The distribution of wealth in the liberal social contract</title><source>RePEc</source><source>Periodicals Index Online</source><source>Access via ScienceDirect (Elsevier)</source><creator>Ythier, Jean Mercier</creator><creatorcontrib>Ythier, Jean Mercier</creatorcontrib><description>I want to consider several systems of private property, where individual agents can redistribute private wealth, individually or collectively, according to moral sentiments. The ‘Distributive Lindahl Equilibrium’ is considered first and it is proven unstable and ethically questionable. Then, a definition of the ‘Distributive Liberal Social Contract’ is proposed which appears ethically and practically acceptable. The logical consistency of the liberal social contract is established in a theorem which proves the existence of such a contract for all initial distributions of wealth, when individual agents share the common opinions that wealth should be consumed by individuals rather than disposed of, and that gifts should flow down the scale of wealth. The distributive liberal social contracts are then the Pareto efficient distributions that are unanimously preferred to the initial distribution of rights.</description><identifier>ISSN: 0014-2921</identifier><identifier>EISSN: 1873-572X</identifier><identifier>DOI: 10.1016/S0014-2921(97)00068-8</identifier><identifier>CODEN: EERVAI</identifier><language>eng</language><publisher>Amsterdam, etc: Elsevier B.V</publisher><subject>Contracts ; Economic theory ; Income distribution ; Moral sentiments ; Morals ; Pareto optimum ; Private property ; Private wealth ; Social contract ; Social policy ; Studies ; Wealth</subject><ispartof>European economic review, 1998-02, Vol.42 (2), p.329-347</ispartof><rights>1998</rights><rights>Copyright Elsevier Sequoia S.A. Feb 1998</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c523t-5dec735bbea4ffddbc227b14c671015f218bb4b7c2cbfa9a715dc4852b5072a43</citedby><cites>FETCH-LOGICAL-c523t-5dec735bbea4ffddbc227b14c671015f218bb4b7c2cbfa9a715dc4852b5072a43</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://dx.doi.org/10.1016/S0014-2921(97)00068-8$$EHTML$$P50$$Gelsevier$$H</linktohtml><link.rule.ids>315,782,786,3554,4012,27878,27933,27934,46004</link.rule.ids><backlink>$$Uhttp://econpapers.repec.org/article/eeeeecrev/v_3a42_3ay_3a1998_3ai_3a2_3ap_3a329-347.htm$$DView record in RePEc$$Hfree_for_read</backlink></links><search><creatorcontrib>Ythier, Jean Mercier</creatorcontrib><title>The distribution of wealth in the liberal social contract</title><title>European economic review</title><description>I want to consider several systems of private property, where individual agents can redistribute private wealth, individually or collectively, according to moral sentiments. The ‘Distributive Lindahl Equilibrium’ is considered first and it is proven unstable and ethically questionable. Then, a definition of the ‘Distributive Liberal Social Contract’ is proposed which appears ethically and practically acceptable. The logical consistency of the liberal social contract is established in a theorem which proves the existence of such a contract for all initial distributions of wealth, when individual agents share the common opinions that wealth should be consumed by individuals rather than disposed of, and that gifts should flow down the scale of wealth. The distributive liberal social contracts are then the Pareto efficient distributions that are unanimously preferred to the initial distribution of rights.</description><subject>Contracts</subject><subject>Economic theory</subject><subject>Income distribution</subject><subject>Moral sentiments</subject><subject>Morals</subject><subject>Pareto optimum</subject><subject>Private property</subject><subject>Private wealth</subject><subject>Social contract</subject><subject>Social policy</subject><subject>Studies</subject><subject>Wealth</subject><issn>0014-2921</issn><issn>1873-572X</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1998</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><sourceid>K30</sourceid><recordid>eNqFkE2LFDEQhoMoOI7-BKHRg3pozWcnOYksfrLgwRW8haS6msnS0xmTzMj-e9M7sgdBDFReSD1VeXkJecroa0bZ8OYbpUz23HL20upXlNLB9OYe2TCjRa80_3GfbO6Qh-RRKdcNYq29IfZqh90YS80xHGtMS5em7hf6ue66uHS1decYMPu5KwliE0hLzR7qY_Jg8nPBJ390S75_eH918am__Prx88W7yx4UF7VXI4IWKgT0cprGMQDnOjAJg27m1cSZCUEGDRzC5K3XTI0gjeJBUc29FFvy4rz3kNPPI5bq9rEAzrNfMB2LM8IyarXVjXz2F3mdjnlp5hyzholBDSv0_J-QYkZIPgzrp-pMQU6lZJzcIce9zzeOUbeG7m5Dd2uizmp3G3qzsiVfznMZDwh3Q7geyHhyJye85O26acWsNU1iq_Xp0Epw64TUblf3bdnb8zJs8Z4iZlcg4gI4xoxQ3Zjif-z8BidWoK0</recordid><startdate>19980201</startdate><enddate>19980201</enddate><creator>Ythier, Jean Mercier</creator><general>Elsevier B.V</general><general>Elsevier</general><general>North Holland Publishing Company, etc</general><general>Elsevier Sequoia S.A</general><scope>DKI</scope><scope>X2L</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>HBMBR</scope><scope>JILTI</scope><scope>K30</scope><scope>PAAUG</scope><scope>PAWHS</scope><scope>PAWZZ</scope><scope>PAXOH</scope><scope>PBHAV</scope><scope>PBQSW</scope><scope>PBYQZ</scope><scope>PCIWU</scope><scope>PCMID</scope><scope>PCZJX</scope><scope>PDGRG</scope><scope>PDWWI</scope><scope>PETMR</scope><scope>PFVGT</scope><scope>PGXDX</scope><scope>PIHIL</scope><scope>PISVA</scope><scope>PJCTQ</scope><scope>PJTMS</scope><scope>PLCHJ</scope><scope>PMHAD</scope><scope>PNQDJ</scope><scope>POUND</scope><scope>PPLAD</scope><scope>PQAPC</scope><scope>PQCAN</scope><scope>PQCMW</scope><scope>PQEME</scope><scope>PQHKH</scope><scope>PQMID</scope><scope>PQNCT</scope><scope>PQNET</scope><scope>PQSCT</scope><scope>PQSET</scope><scope>PSVJG</scope><scope>PVMQY</scope><scope>PZGFC</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>19980201</creationdate><title>The distribution of wealth in the liberal social contract</title><author>Ythier, Jean Mercier</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c523t-5dec735bbea4ffddbc227b14c671015f218bb4b7c2cbfa9a715dc4852b5072a43</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1998</creationdate><topic>Contracts</topic><topic>Economic theory</topic><topic>Income distribution</topic><topic>Moral sentiments</topic><topic>Morals</topic><topic>Pareto optimum</topic><topic>Private property</topic><topic>Private wealth</topic><topic>Social contract</topic><topic>Social policy</topic><topic>Studies</topic><topic>Wealth</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Ythier, Jean Mercier</creatorcontrib><collection>RePEc IDEAS</collection><collection>RePEc</collection><collection>CrossRef</collection><collection>Periodicals Index Online Segment 14</collection><collection>Periodicals Index Online Segment 32</collection><collection>Periodicals Index Online</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - West</collection><collection>Primary Sources Access (Plan D) - International</collection><collection>Primary Sources Access & Build (Plan A) - MEA</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Midwest</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Northeast</collection><collection>Primary Sources Access (Plan D) - Southeast</collection><collection>Primary Sources Access (Plan D) - North Central</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Southeast</collection><collection>Primary Sources Access (Plan D) - South Central</collection><collection>Primary Sources Access & Build (Plan A) - UK / I</collection><collection>Primary Sources Access (Plan D) - Canada</collection><collection>Primary Sources Access (Plan D) - EMEALA</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - North Central</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - South Central</collection><collection>Primary Sources Access & Build (Plan A) - International</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - International</collection><collection>Primary Sources Access (Plan D) - West</collection><collection>Periodicals Index Online Segments 1-50</collection><collection>Primary Sources Access (Plan D) - APAC</collection><collection>Primary Sources Access (Plan D) - Midwest</collection><collection>Primary Sources Access (Plan D) - MEA</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Canada</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - UK / I</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - EMEALA</collection><collection>Primary Sources Access & Build (Plan A) - APAC</collection><collection>Primary Sources Access & Build (Plan A) - Canada</collection><collection>Primary Sources Access & Build (Plan A) - West</collection><collection>Primary Sources Access & Build (Plan A) - EMEALA</collection><collection>Primary Sources Access (Plan D) - Northeast</collection><collection>Primary Sources Access & Build (Plan A) - Midwest</collection><collection>Primary Sources Access & Build (Plan A) - North Central</collection><collection>Primary Sources Access & Build (Plan A) - Northeast</collection><collection>Primary Sources Access & Build (Plan A) - South Central</collection><collection>Primary Sources Access & Build (Plan A) - Southeast</collection><collection>Primary Sources Access (Plan D) - UK / I</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - APAC</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - MEA</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>European economic review</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Ythier, Jean Mercier</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>The distribution of wealth in the liberal social contract</atitle><jtitle>European economic review</jtitle><date>1998-02-01</date><risdate>1998</risdate><volume>42</volume><issue>2</issue><spage>329</spage><epage>347</epage><pages>329-347</pages><issn>0014-2921</issn><eissn>1873-572X</eissn><coden>EERVAI</coden><abstract>I want to consider several systems of private property, where individual agents can redistribute private wealth, individually or collectively, according to moral sentiments. The ‘Distributive Lindahl Equilibrium’ is considered first and it is proven unstable and ethically questionable. Then, a definition of the ‘Distributive Liberal Social Contract’ is proposed which appears ethically and practically acceptable. The logical consistency of the liberal social contract is established in a theorem which proves the existence of such a contract for all initial distributions of wealth, when individual agents share the common opinions that wealth should be consumed by individuals rather than disposed of, and that gifts should flow down the scale of wealth. The distributive liberal social contracts are then the Pareto efficient distributions that are unanimously preferred to the initial distribution of rights.</abstract><cop>Amsterdam, etc</cop><pub>Elsevier B.V</pub><doi>10.1016/S0014-2921(97)00068-8</doi><tpages>19</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0014-2921 |
| ispartof | European economic review, 1998-02, Vol.42 (2), p.329-347 |
| issn | 0014-2921 1873-572X |
| language | eng |
| recordid | cdi_proquest_miscellaneous_839109797 |
| source | RePEc; Periodicals Index Online; Access via ScienceDirect (Elsevier) |
| subjects | Contracts Economic theory Income distribution Moral sentiments Morals Pareto optimum Private property Private wealth Social contract Social policy Studies Wealth |
| title | The distribution of wealth in the liberal social contract |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-03T09%3A32%3A47IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=The%20distribution%20of%20wealth%20in%20the%20liberal%20social%20contract&rft.jtitle=European%20economic%20review&rft.au=Ythier,%20Jean%20Mercier&rft.date=1998-02-01&rft.volume=42&rft.issue=2&rft.spage=329&rft.epage=347&rft.pages=329-347&rft.issn=0014-2921&rft.eissn=1873-572X&rft.coden=EERVAI&rft_id=info:doi/10.1016/S0014-2921(97)00068-8&rft_dat=%3Cproquest_cross%3E1518342664%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1518342664&rft_id=info:pmid/&rft_els_id=S0014292197000688&rfr_iscdi=true |