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dc.contributor.authorBaumgärtner, Stefanen
dc.contributor.authorGlotzbach, Stefanieen
dc.contributor.authorHoberg, Nikolaien
dc.contributor.authorQuaas, Martin F.en
dc.contributor.authorStump, Klaraen
dc.date.accessioned2011-11-09-
dc.date.accessioned2012-04-17T12:53:29Z-
dc.date.available2012-04-17T12:53:29Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/57110-
dc.description.abstractWe argue that economics - as the scientific method of analyzing trade-offs - can be helpful (and may even be indispensable) for assessing the trade-off between intergenerational and intragenerational justice. Economic analysis can delineate the opportunity set of politics with respect to the two normative objectives of inter- and intragenerational justice, i.e. it can describe which outcomes are feasible in achieving the two objectives in a given context, and which are not. It can distinguish efficient from inefficient uses of instruments of justice. It can identify the opportunity cost of attaining one justice to a higher degree, in terms of less achievement of the other. We find that, under very general conditions, (1) efficiency in the use of instruments of justice implies that there is rivalry between the two justices and the opportunity cost of either justice is positive; (2) negative opportunity costs of achieving one justice exist if there is facilitation between the two justices, which can only happen if instruments of justice are used inefficiently; (3) in outcomes of inefficient uses of instruments of justice in the interior of the opportunity set, the two justices are independent of each other and the opportunity cost of either justice is zero.en
dc.language.isoengen
dc.publisher|aLeuphana Universität Lüneburg, Institut für Volkswirtschaftslehre |cLüneburgen
dc.relation.ispartofseries|aWorking Paper Series in Economics |x218en
dc.subject.jelA13en
dc.subject.jelD61en
dc.subject.jelD63en
dc.subject.ddc330en
dc.subject.keywordeconomicsen
dc.subject.keywordefficiencyen
dc.subject.keywordintragenerational and intergenerational justiceen
dc.subject.keywordnormative objectivesen
dc.subject.keywordopportunity seten
dc.subject.keywordopportunity costen
dc.subject.keywordscarce resourcesen
dc.subject.stwGerechtigkeiten
dc.subject.stwGenerationenbeziehungenen
dc.subject.stwSoziale Gerechtigkeiten
dc.subject.stwSozialpolitiken
dc.subject.stwWirkungsanalyseen
dc.subject.stwOpportunitätskostenen
dc.subject.stwTheorieen
dc.titleTrade-offs between justices, economics, and efficiency-
dc.typeWorking Paperen
dc.identifier.ppn671780182en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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