Showing papers by "Serge-Christophe Kolm published in 1995"

TL;DR: In this paper, the authors consider the problem of economic justice in three polar cases: (1) each individual has the full usufruct of all his capacities ( Full Process Liberalism, including ‘liberal social contracts’ for the correction of market failures); (2) the ideal is equal satisfaction (replaced by a leximin in fundamental preferences, or Practical Justice, for efficiency); (3) individuals are specifically entitled to (or accountable for) only their consumptive capacities.