Abstract
This paper analyses the concept of responsibility and the way it appears in economic theory and in egalitarian theories of justice. It identifies two general principles (natural reward, and compensation) which inspire many arguments and axioms in theories based on responsibility. The main results obtained in models where responsibility plays a central part are summed up and presented in the light of the two principles. The main criteria put forth by philosophers who combine an egalitarian concern with the idea of personal responsibility are also described, and their performance with respect to the two principles are compared.
| Original language | English (US) |
|---|---|
| Title of host publication | Freedom in Economics |
| Subtitle of host publication | New Perspectives in Normative Analysis |
| Publisher | Taylor and Francis |
| Pages | 206-234 |
| Number of pages | 29 |
| ISBN (Electronic) | 9781134733576 |
| ISBN (Print) | 9780415154680 |
| State | Published - Jan 22 2002 |
| Externally published | Yes |
All Science Journal Classification (ASJC) codes
- General Economics, Econometrics and Finance
- General Business, Management and Accounting