Distributive Justice

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August 31, 2024 5 min read Definitions
Equity: The Concept of Distributive Justice in Welfare Economics
Economics Finance Equity Distributive Justice Welfare Economics Horizontal Equity Vertical Equity
Equity refers to the belief that the distribution of economic welfare matters and that increasing the equality of distribution is a laudable objective in welfare economics. This comprehensive article discusses its historical context, types, key events, explanations, importance, examples, related terms, and more.
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August 31, 2024 4 min read Definitions
Income Distribution: Understanding the Allocation of Wealth
Economics Finance Income Wealth Economics Finance Distributive Justice
Income Distribution refers to the way in which total income is shared among the population and the distribution of payments made to fund shareholders from the income generated by underlying assets.
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August 31, 2024 5 min read Definitions
Maximin: The Principle of Maximizing the Minimum Gain
Economics Philosophy Distributive Justice Decision Theory Game Theory John Rawls Social Welfare
An exploration of the maximin principle in distributive justice, decision theory, and game theory.
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