Rewarding effort
Working paper
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http://hdl.handle.net/11250/162662Utgivelsesdato
2004-06Metadata
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- Discussion papers (SAM) [647]
Sammendrag
According to liberal egalitarian ethics, individuals should be rewarded
for factors under their control, but not for factors outside
their control. A fundamental challenge to liberal egalitarian theories
of justice is how to do this without violating minimal egalitarian and
liberal requirements. The paper analyses the effects of two such requirements:
the principle of equal reward and the principle of reward
independence. The exact formulations of these principles depend on
how we interpret the concept of reward. We propose two different
definitions of reward, contrafactual and interpersonal reward, where
both can be given a general and narrow interpretation. Given this, we
show that it is impossible to establish a framework that is truly liberal
egalitarian in all respects and that a generalized version of the egalitarian
equivalent mechanism is the most plausible liberal egalitarian approach.
Utgiver
Norwegian School of Economics and Business Administration. Department of EconomicsSerie
Discussion paper2004:9