equityrather
Equityrather is a term used in economics and public policy to describe a normative approach that places heavier weight on equity when designing policies, sometimes at the expense of efficiency or aggregate growth. The term is a blend of equity and rather, signaling a deliberate preference for reducing disparities in income, opportunities, and outcomes. In academic literature, equityrather is discussed in the context of social welfare evaluation, where welfare functions incorporate equity weights that give greater value to benefits accruing to poorer or more disadvantaged groups.
Policy tools associated with equityrather include progressive taxation, transfers, universal basic services, and affirmative action designed
Relation to other concepts: It contrasts with efficiency-centered approaches and aligns with egalitarian or Rawlsian principles