G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16446
DP16446 Efficiency and equity in a society-economy integrated model
Marc Fleurbaey; Ravi Kanbur
发表日期2021-08-11
出版年2021
语种英语
摘要A model that only focuses on economic relations, and in which efficiency and equity are defined in terms of resource allocation may miss an important part of the picture. We propose an integrated model that embeds economic activities in a larger game of social interactions, and define comprehensive notions of efficiency and equity. Social interactions provide additional sources of inefficiencies and inequalities, including through the mere lack of coordination between the regulation mechanisms of the economic sphere and the social sphere. Remedies may require more than market solutions and redistribution of resources. In particular, social norms are likely to play an important role.
主题Public Economics
URLhttps://cepr.org/publications/dp16446
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545404
推荐引用方式
GB/T 7714
Marc Fleurbaey,Ravi Kanbur. DP16446 Efficiency and equity in a society-economy integrated model. 2021.
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