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Psychological perspectives on justice
At the heart of many debates about distributive justice is the widely assumed trade-off between equality and efficiency (Okun, 1975) . In the present chapter, equality refers to the distribution of income within a society. Equality increases whenever income variability is reduced. Efficiency refers to the goods and services that result from a given input -production, physical capital, or human labor. Efficiency increases whenever society produces more from the same input. Trade-offs betweendoi:10.1017/cbo9780511552069.008 fatcat:52grzjscsrcnpn2t4lk7jgatsa