History, 22.12.2021 07:40 drainy0uandthefish
Based on this module's concepts and the context of climate change and sea-level rise, how could a person reasonably justify a ban on buying properties with high-risk of flooding?
a. Nozickians would justify the banning of buying high-risk properties if it could be proved that real state brokers manipulate the sales and mislead buyers about their odds of flooding in these properties.
b. Rawlsians would justify the banning of buying high-risk properties because mostly poor people will buy them. Thus, buying these properties redistributes money from the poor to the rich, making society's least advantaged group even worse off.
c. Utilitarians would justify the banning of buying high-risk properties because mostly poor people buy them. Thus, buying these properties redistributes money from the poor, who have high marginal utilities of money, to the rich, who have lower marginal utilities of money.
d. All of the other answers are true.
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