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Equity Judgements Elicited Through Experiments: An Econometric Examination

In: Psychology, Rationality and Economic Behaviour

Author

Listed:
  • Jochen Jungeilges

    (University of Bielefeld)

  • Theis Theisen

    (Agder University College)

Abstract

Utilitarianism and Rawisianism stand out as prominent schools of social welfare assessment. According to the utilitarian school, welfare judgements should be based on how policies affect the sum of individual utilities. By contrast, according to the maximin principle of Rawls (1971), the Rawlsian school claims that welfare judgements should be based on how policies affect the utility of the worst-off individual in society.

Suggested Citation

  • Jochen Jungeilges & Theis Theisen, 2005. "Equity Judgements Elicited Through Experiments: An Econometric Examination," International Economic Association Series, in: Bina Agarwal & Alessandro Vercelli (ed.), Psychology, Rationality and Economic Behaviour, chapter 10, pages 195-241, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-0-230-52234-3_10
    DOI: 10.1057/9780230522343_10
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    Citations

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    Cited by:

    1. J. Jungeilges & T. Theisen, 2011. "State dependence in sequential equity judgements," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 37(1), pages 97-119, June.
    2. Jungeilges, Jochen A. & Theisen, Theis, 2008. "A comparative study of equity judgements in Lithuania and Norway," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(3), pages 1090-1118, June.

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