Title :
Pareto-optimality is a criterion uniting efficiency and justice
Author_Institution :
Univ. of West Georgia, Carrollton, GA, USA
Abstract :
Through analyzing, this paper finds out that Adams´ “Equity Theory”, Lorenz Curve, Gini Ratio and Pareto Analysis can be united by Pareto-optimality. Based on the distributive theory and the method of Pareto-optimality, it allows Adams´s “Equity Theory” to organically unite the four kinds of justice views on the allocation, and to organically unite the distributive criterion of efficiency and that of justice, which is more scientific significance.
Keywords :
Pareto optimisation; social sciences; Gini ratio; Lorenz curve; Pareto analysis; Pareto optimality; equity theory; justice views; Biological system modeling; Economics; Pareto analysis; Presses; Psychology; Resource management; Standards organizations; Equity Theory; Pareto Analyses; Pareto-optimality;
Conference_Titel :
Industrial Engineering and Engineering Management (IE&EM), 2011 IEEE 18Th International Conference on
Conference_Location :
Changchun
Print_ISBN :
978-1-61284-446-6
DOI :
10.1109/ICIEEM.2011.6035186