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fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … inequality. Second, average unfair inequality doubles when complementing the ideal of an equal opportunity society with poverty …
Persistent link: https://www.econbiz.de/10011874411
This paper asks whether prioritarianism - the view that social welfare orderings should give explicit priority to the worse-off - is consistent with the normative theory of equality of opportunity. We show that there are inherent tensions between some of the axioms underpinning prioritarianism...
Persistent link: https://www.econbiz.de/10012431403
indicators, including social welfare, poverty, inequality, and mobility, and reviews some of its design shortcomings. The paper …
Persistent link: https://www.econbiz.de/10011871444
methods of measuring household welfare (and, accordingly, poverty and inequality) based on expenditures have not considered … aggregates. We use Georgia as a case study to compare these methods and assess impacts on poverty and inequality. The proportion … transportation costs can result in up to a 40% reduction in the measured poverty rate among remote-working households. …
Persistent link: https://www.econbiz.de/10013431352
Multidimensional welfare analysis has recently been revived by money-metric measures based on explicit fairness principles and the respect of individual preferences. To operationalize this approach, preference heterogeneity can be inferred from the observation of individual choices (revealed...
Persistent link: https://www.econbiz.de/10011709621
Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...
Persistent link: https://www.econbiz.de/10003895798
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
Persistent link: https://www.econbiz.de/10010364975
Equality of opportunity is an ethical goal with almost universal appeal. The interpretation taken here is that a society has achieved equality of opportunity if it is the case that what individuals accomplish, with respect to some desirable objective, is determined wholly by their choices and...
Persistent link: https://www.econbiz.de/10009130144
This paper is intended to shed light on the extent of poverty in the Russian Federation. We present estimates of … poverty lines and poverty ratios derived from subjective questions used in a during data collection for a large household … panel (RUSSET). We estimate poverty using a subjective approach, where the level of the poverty line is derived using the …
Persistent link: https://www.econbiz.de/10011391770
We consider a two-person Cournot game of voluntary contributions to a public good with identical individual preferences, and examine equilibrium aggregate welfare under a separable, symmetric and concave social welfare function. Assuming the public good is pure, Itaya, de Meza and Myles (Econ....
Persistent link: https://www.econbiz.de/10003808609