Robust analytical egalitarianism: Worst-case political economy and the socialist calculation debate

Type of content
Chapters
Publisher's DOI/URI
Thesis discipline
Degree name
Publisher
University of Canterbury. Economics.
University of Michigan Press
Journal Title
Journal ISSN
Volume Title
Language
Date
2008
Authors
Farrant, A.
Crampton, E.
Abstract

Robust political economy built on worst case assumptions must carefully state joint hypotheses as the best or worst case nature of individual assumptions can hinge critically on these joint assumptions. Where benevolence is assumed, ignorance is the appropriate worst-case informational assumption; however, when planner benevolence is in doubt, a planner endowed with calculative efficacy is the appropriate joint worst-case assumption.

Description
Citation
Crampton, E., Farrant, A. (2008) Robust analytical egalitarianism: Worst-case political economy and the socialist calculation debate. In David M. Levy and Sandra Peart (Ed.). The Street Porter and the Philosopher: Conversations on Analytical Egalitarianism (pp. 108-134). Ann Arbor: University of Michigan Press.
Keywords
robust political economy, socialist calculation debate
Ngā upoko tukutuku/Māori subject headings
ANZSRC fields of research
Rights