4 novembre 2016, 11h00–12h15
Salle MS 003
Public Economics Seminar
Résumé
We model opportunities in society as chances of success’ , that is as they are commonly described by practitioners. We show that a classical liberal principle of justice together with a limited principle of social rationality imply that the social objective should be to maximise the chance that everybody in society succeeds. Technically, this means using a Nash’ welfare criterion. A particular consequence is that the failure of even only one individual must be considered maximally detrimental. We also study a refinement of this criterion and its extension to problems of intergenerational justice.