Equality and responsibility:: ex ante and ex post redistribution mechanisms

Kristof Bosmans; Z. Emel Öztürk

doi:10.1007/s00199-020-01334-5

Equality and responsibility: ex ante and ex post redistribution mechanisms

Kristof Bosmans
, Z. Emel Öztürk^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › Academic › peer-review

Abstract

We study redistribution in a setting where individual responsibility and circumstance characteristics determine pre-tax income. We distinguish between ex ante and ex post versions of the key principles of compensation and reward. Furthermore, we distinguish between absolute and relative versions of reward. On the basis of these axioms, we provide characterizations of five familiar and two new redistribution mechanisms.

Original language	English
Pages (from-to)	947-975
Number of pages	29
Journal	Economic Theory
Volume	73
Issue number	4
Early online date	19 Jan 2021
DOIs	https://doi.org/10.1007/s00199-020-01334-5
Publication status	Published - Jun 2022

JEL classifications

d63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

Keywords

Compensation
Ex ante
Ex post
Responsibility
Reward
INEQUALITY
OPPORTUNITY

Access to Document

10.1007/s00199-020-01334-5Licence: CC BY

Cite this

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abstract = "We study redistribution in a setting where individual responsibility and circumstance characteristics determine pre-tax income. We distinguish between ex ante and ex post versions of the key principles of compensation and reward. Furthermore, we distinguish between absolute and relative versions of reward. On the basis of these axioms, we provide characterizations of five familiar and two new redistribution mechanisms.",

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AB - We study redistribution in a setting where individual responsibility and circumstance characteristics determine pre-tax income. We distinguish between ex ante and ex post versions of the key principles of compensation and reward. Furthermore, we distinguish between absolute and relative versions of reward. On the basis of these axioms, we provide characterizations of five familiar and two new redistribution mechanisms.

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KW - Ex ante

KW - Ex post

KW - Responsibility

KW - Reward

KW - INEQUALITY

KW - OPPORTUNITY

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