Showing 1 - 8 of 8
. We consider two social objectives: (1) the maximin on expected lifetime welfare (ex ante), allowing for a compensation … for unequal life expectancies; (2) the maximin on realized lifetime welfare (ex post), allowing for a compensation for …
Persistent link: https://www.econbiz.de/10010701202
We put together the different conceptual issues involved in measuring inequality of opportunity, discuss how these concepts have been translated into computable measures, and point out the problems and choices researchers face when implementing these measures. Our analysis identifies and...
Persistent link: https://www.econbiz.de/10010610467
redistribute resources from short-lived towards long-lived agents, against any intuition of compensation. It is shown that this … modified utilitarian optimum involves a compensation of short-lived agents with respect to the laissez-faire. That remedy is …
Persistent link: https://www.econbiz.de/10008836153
An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has … ex ante, and cannot be compensated ex post. We argue that, despite the above difficulties, a compensation can be carried …
Persistent link: https://www.econbiz.de/10008836160
A group of agents considers collaborating on a project which requires putting together elements owned by some of them. These elements are pure public goods with exclusion i.e. nonrival but excludable goods like for instance knowledge, data or information, patents or copyrights. The present paper...
Persistent link: https://www.econbiz.de/10005008319
talent is below a certain threshold should receive a positive compensation. …
Persistent link: https://www.econbiz.de/10005042782
We study mechanisms to construct equal-opportunity policies for resource allocation. In our model agents enjoy welfare as a function of the effort they expend, and the amount of a socially provided resource they consume. Nevertheless, agents have interdependent allocations. As in the standard...
Persistent link: https://www.econbiz.de/10005043512
We endow individuals that differ in skill levels and tastes for working with altruistic preferences for redistribution in a voting model where a unidimensional redistributive parameter is chosen by majority voting in a direct democracy. When altruistic preferences are desert-sensitive, i.e. when...
Persistent link: https://www.econbiz.de/10005043686