You do realize that valuing equality in itself to any extent at all is always (because of opportunity cost at least) an example of this:
Are you sure?
If you take a concave function, such as a log, of the net happiness of each individual, and maximize the sum, you’d always prefer equality to inequality when net happiness is held constant, and you’d always prefer a higher minimum happiness regardless of inequality.
Are you sure?
If you take a concave function, such as a log, of the net happiness of each individual, and maximize the sum, you’d always prefer equality to inequality when net happiness is held constant, and you’d always prefer a higher minimum happiness regardless of inequality.
Excellent! Thanks for the mathematical model! I’ve been trying to work out how to describe this principle for ages.