– The purpose of this paper is to propose a model that relates the desire for justice with welfare.
Abstract
Purpose
The purpose of this paper is to propose a model that relates the desire for justice with welfare.
Design/methodology/approach
The point of departure, elaborated in the first part of the paper, is the observation that we have no sense-organs for experiencing welfare and the experiences of happiness being, in general, transient if they emerge at all. Desires drive our behavior and motivate our decisions. The author will analyze conditions so that desires can be related to welfare, making use of results of social choice theory. There is some (technical) similarity between aggregating individual preferences and editing (“reconstruction”) desires.
Findings
In special cases, desires are well ordered and can be represented by preference orderings, ready for deriving “rational choices.” However, desires may be circular. Then, of course, the satisfaction of a particular desire will never trigger happiness because there is always a “higher valued” (or “more prominent”) desire unsatisfied. In these cases, desires and welfare cannot be matched. However, there are social desires, such as the desire for justice (as fairness), that can have welfare-enhancing consequences if satisfied even when private desires are circular, as desires for justice contain a social component.
Originality/value
This issue will be elaborated in the second part of the paper using a formal model, borrowed from Fehr and Schmidt (1999), in order to illustrate the underlying reasoning.
Details
Keywords
Today Lionel Penrose is recognised as the co-author of one of the two leading indices of power in voting legislatures – a field of study that game theory in general, and…
Abstract
Today Lionel Penrose is recognised as the co-author of one of the two leading indices of power in voting legislatures – a field of study that game theory in general, and cooperative game theory in particular, has been reclaiming from sociology and political science since the 1950s. The main claim of this paper is that Penrose developed his index so as to tackle questions that go vastly beyond the narrow domain of voting; namely, acute social issues during the Cold War such as the outburst and propagation of panics, the ideological susceptibility of populations, the escalation of military conflict and the successful installation of authoritarian regimes. Furthermore, by revisiting the history of the Penrose power index, the paper re-evaluates some of its key underlying assumptions: assumptions that have been heavily – and unfairly, as the paper argues – criticised over the last decade.