This volume contains both theoretical and applied on the concept of
equality of opportunity which says that a society should guarantee
its members equal access to advantage regardless of their
circumstances, while holding them responsible for turning that
access into actual advantage by the application of effort.
Theoretical papers discuss to what extent some of the measures of
inequality of opportunity meet the reward and the compensation
principles, a new methodology for evaluating long-term income
distributions, the implications of partial observability of
individuals' circumstances on the measurement of inequality of
opportunity and the advantages of applying segregation indices to
study inequality in life chances. The applied work investigates how
governments affect inequality of opportunity through the design of
their tax and transfer schemes in 15 European countries, the
changing role of circumstances for measuring inequality of
opportunity in Chile, the existence of a poverty trap in Haiti and
its consequences for equality of opportunity, and the correlation
between circumstances and effort in the measurement of inequality
of opportunity in U.S. during the period 1969-2007.
General
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