Justice and Efficiency
Part of the Law and Philosophy Library book series (LAPS, volume 84)
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Two different goals – such as justice and efficiency – can essentially stand in three possible relations to one another:
Where the relation is one of goal harmony, the pursuit of one goal would be beneficial for the other goal, too. For example, pursuing the efficiency goal would simultaneously bring about a just outcome; or vice versa, having just institutions would encourage efficiency at the same time. In a situation of goal neutrality, the pursuit of one goal has no effect on the achievement of the other.
KeywordsFair Trade Distributive Justice Corrective Justice Legal Rule Supply Curve
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© Springer Science+Business Media B.V. 2009