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Exclusion from the social contract

Author

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  • Paul Weirich

    (University of Missouri, USA, weirichp@missouri.edu)

Abstract

Does rational bargaining yield a social contract that is efficient and so inclusive? A core allocation, that is, an allocation that gives each coalition at least as much as it can get on its own, is efficient. However, some coalitional games lack a core allocation, so rationality does not require one in those games. Does rationality therefore permit exclusion from the social contract? I replace realization of a core allocation with another type of equilibrium achievable in every coalitional game. Fully rational agents coordinate the pursuit of incentives so that equilibria of this type are efficient. They adopt a social contract that is efficient and inclusive.

Suggested Citation

  • Paul Weirich, 2011. "Exclusion from the social contract," Politics, Philosophy & Economics, , vol. 10(2), pages 148-169, May.
    • Handle: RePEc:sae:pophec:v:10:y:2011:i:2:p:148-169
    DOI: 10.1177/1470594X10387262
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    References listed on IDEAS

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