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This forthcoming chapter in the Handbook of Income Distribution (eds., A. Atkinson and F. Bourguignon) summarizes the literature on equality of opportunity. We begin by reviewing the philosophical debate concerning equality since Rawls (sections 1 and 2), present economic algorithms for...
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Economic development should be conceived of as the degree to which an economy has implemented an efficient and just distribution of economic resources. The ubiquitous measure of GDP per capita reflects a utilitarian conception of justice, where individual utility is defined as personal income,...
Persistent link: https://www.econbiz.de/10012974166
Intro -- Contents -- Preface -- 1 Introduction -- 2 Circumstances, Types, and Autonomous Choice -- 3 Justifying the Proposal -- 4 A Formal Definition of Equality of Opportunity -- 5 Incentive Properties of the EOp Mechanism -- 6 Equality of Opportunity with Production -- 7 Equality of...
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Economic development should be conceived of as the degree to which an economy has implemented an efficient and just distribution of economic resources. The ubiquitous measure of GDP per capita reflects a utilitarian conception of justice, where individual utility is defined as personal income,...
Persistent link: https://www.econbiz.de/10012560134