Justice and Equity
Justice and Equity is a major work on the foundations of normative economics. The principles established by Kolm have formed the basis of the major lines of study in the field. The central principles are the ideal equalities in freedom (related to non-envy) and in happiness (approximated by the efficient leximin in fundamental utility). Kolm also presents related principles such as fundamental dominance and majorities, realistic equity, and adequacies. He analyzes thoroughly the reasons, properties, and consequences of these principles. A foreword for the English-language edition presents the rational necessity of equality and the theory of interpersonal comparisons.
About the Author
Serge-Christophe Kolm is Professor and Director at the Institute for Advanced Studies in the Social Sciences, Paris. He is the author of thirty books and several hundred scientific articles in economics and other branches of social science.
"A rich and very important contribution to welfare economics and political philosophy." , Ashley Piggins, The Economic Journal
"The translation of Serge Kolm's seminal work into English has been longawaited by those working in this field. Kolm's cartesian analysis ofdistributive justice is a model of clarity and precision."
—Hal R. Varian, Dean, School of Information Management and Systems,University of California, Berkeley