Rawlsian optimal population size

  • Spiegel Y
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Abstract

"In this paper, I examine the implications of the Rawlsian maximin criterion for optimal population size and intergenerational allocation of resource when fertility is endogenous. I show that whenever children are better-off than their parents in laissez-faire, then the size of the population and parental bequests are also optimal according to the Rawlsian criterion....I then show that by using proper price-based corrective policies, society can achieve a Rawlsian optimal allocation."

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Authors

  • Yossef Spiegel

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