Concept information
Preferred term
commutative theory of justice
Definition
- Commutative justice deals centrally with fairness in the exchange of goods and fair participation for buyers and sellers in the system of exchanging goods for payment. Theories of commutative justice articulate the content, processes, social relationships, antecedents, consequences, and boundaries of systems that provide buyers and sellers with fair participation in the exchanges of goods for payment. [Source: Encyclopedia of Business Ethics and Society; Commutative Theory of Justice]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/commutative_theory_of_justice
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