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We consider the problem of ranking distributions of opportunity sets on the basis of equality. First, conditional on a given ranking of individual opportunity sets, we define the notion of an equalizing transformation. Then, assuming that the opportunity sets are ranked according to the...
Persistent link: https://www.econbiz.de/10005369231
In this paper, we extend the axiomatic analysis of equitable opportunities developed in Kranich [6] from finite to continuous opportunity sets. This extended framework is amenable to economic applications. The main results establish conditions under which an ordinal ranking of profiles of...
Persistent link: https://www.econbiz.de/10005596434