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We show how to minimize the probability of misclassifying individuals as being poor or not poor when data on some of their relevant attributes are missing, but an estimate of the population distribution of attributes is available.
Persistent link: https://www.econbiz.de/10011263437
The modern formulation of equality of opportunity emerges from discussions in political philosophy from the second half of the twentieth century beginning with Rawls (1971) and Dworkin (1981a,b) . Equality of opportunity exists when policies compensate individuals with disadvantageous...
Persistent link: https://www.econbiz.de/10014025347
Resource egalitarianism and welfare egalitarianism are two focal conceptions of distributive justice. We show in this paper that they share a solid common ground. To do so, we analyze a simple model of resource allocation in which agentsʼ abilities (to transform the resource into an...
Persistent link: https://www.econbiz.de/10011049706
Climate science indicates that climate stabilization requires low GHG emissions. Is this consistent with nondecreasing human welfare?
Persistent link: https://www.econbiz.de/10011056137