Equality Of Opportunity: The Economics Of Responsibility

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Author :
Publisher : World Scientific
ISBN 13 : 9813236957
Total Pages : 334 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Equality Of Opportunity: The Economics Of Responsibility by : Francois Maniquet

Download or read book Equality Of Opportunity: The Economics Of Responsibility written by Francois Maniquet and published by World Scientific. This book was released on 2012-03-14 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreword by Eric Maskin (Nobel Laureate in Economics, 2007)This book is a collection of articles written by the two authors on the topic of equality of opportunity. All articles build on the idea that a just society should equalize the resources that determine the opportunities agents face in order to follow their goals. Resources are either external, like financial resources, or internal, like preferences or skills. The authors propose to define “equality of opportunity” as the combination of ethical principles of compensation and responsibility. The principle of compensation requires external resources to be used to compensate low-skilled agents (considering that inequalities due to skill differences are unjust). The principle of responsibility requires external resources to be allocated without regards to inequalities due to differences in preferences (considering that these inequalities are not unjust). The articles present different ways of combining the two principles in different economic contexts.The book offers many possible aspects of the analysis of equality of opportunity, ranging from axiomatic discussions in abstract compensation models, to the design of redistribution policies in concrete labor income taxation models.

Equality of Opportunity

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Author :
Publisher :
ISBN 13 : 9789814368889
Total Pages : 0 pages
Book Rating : 4.3/5 (688 download)

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Book Synopsis Equality of Opportunity by : Marc Fleurbaey

Download or read book Equality of Opportunity written by Marc Fleurbaey and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of articles written by the two authors on the topic of equality of opportunity. All articles build on the idea that a just society should equalize the resources that determine the opportunities agents face in order to follow their goals. Resources are either external, like financial resources, or internal, like preferences or skills. The authors propose to define "equality of opportunity" as the combination of ethical principles of compensation and responsibility. The principle of compensation requires external resources to be used to compensate low-skilled agents (considering that inequalities due to skill differences are unjust). The principle of responsibility requires external resources to be allocated without regards to inequalities due to differences in preferences (considering that these inequalities are not unjust). The articles present different ways of combining the two principles in different economic contexts. The book offers many possible aspects of the analysis of equality of opportunity, ranging from axiomatic discussions in abstract compensation models, to the design of redistribution policies in concrete labor income taxation models.--

The Oxford Handbook of Well-Being and Public Policy

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Publisher : Oxford University Press
ISBN 13 : 0199325839
Total Pages : 848 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis The Oxford Handbook of Well-Being and Public Policy by : Matthew D. Adler

Download or read book The Oxford Handbook of Well-Being and Public Policy written by Matthew D. Adler and published by Oxford University Press. This book was released on 2016-04-21 with total page 848 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the methodologies for assessing and improving governmental policy in light of well-being? The Oxford Handbook of Well-Being and Public Policy provides a comprehensive, interdisciplinary treatment of this topic. The contributors draw from welfare economics, moral philosophy, and psychology and are leading scholars in these fields. The Handbook includes thirty chapters divided into four Parts. Part I covers the full range of methodologies for evaluating governmental policy and assessing societal condition-including both the leading approaches in current use by policymakers and academics (such as GDP, cost-benefit analysis, cost-effectiveness analysis, inequality and poverty metrics, and the concept of the "social welfare function"), and emerging techniques. Part II focuses on the nature of well-being. What, most fundamentally, determines whether an individual life is better or worse for the person living it? Her happiness? Her preference-satisfaction? Her attainment of various "objective goods"? Part III addresses the measurement of well-being and the thorny topic of interpersonal comparisons. How can we construct a meaningful scale of individual welfare, which allows for comparisons of well-being levels and differences, both within one individual's life, and across lives? Finally, Part IV reviews the major challenges to designing governmental policy around individual well-being.

Equality of Opportunity

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Author :
Publisher : Harvard University Press
ISBN 13 : 0674042875
Total Pages : 130 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Equality of Opportunity by : John E. Roemer

Download or read book Equality of Opportunity written by John E. Roemer and published by Harvard University Press. This book was released on 2009-07-01 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Roemer points out that there are two views of equality of opportunity that are widely held today. The first, which he calls the nondiscrimination principle, states that in the competition for positions in society, individuals should be judged only on attributes relevant to the performance of the duties of the position in question. Attributes such as race or sex should not be taken into account. The second states that society should do what it can to level the playing field among persons who compete for positions, especially during their formative years, so that all those who have the relevant potential attributes can be considered. Common to both positions is that at some point the principle of equal opportunity holds individuals accountable for achievements of particular objectives, whether they be education, employment, health, or income. Roemer argues that there is consequently a "before" and an "after" in the notion of equality of opportunity: before the competition starts, opportunities must be equalized, by social intervention if need be; but after it begins, individuals are on their own. The different views of equal opportunity should be judged according to where they place the starting gate which separates "before" from "after." Roemer works out in a precise way how to determine the location of the starting gate in the different views.

Rawls's Egalitarianism

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Publisher : Cambridge University Press
ISBN 13 : 1108429114
Total Pages : 285 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Rawls's Egalitarianism by : Alexander Kaufman

Download or read book Rawls's Egalitarianism written by Alexander Kaufman and published by Cambridge University Press. This book was released on 2018-06-14 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new analysis of John Rawls's theory of distributive justice, focusing on the ways his ideas have both influenced and been misinterpreted by the current egalitarian literature.

Inequality of Opportunity

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Publisher : Emerald Group Publishing
ISBN 13 : 1780520344
Total Pages : 259 pages
Book Rating : 4.7/5 (85 download)

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Book Synopsis Inequality of Opportunity by : Juan Gabriel Rodríguez

Download or read book Inequality of Opportunity written by Juan Gabriel Rodríguez and published by Emerald Group Publishing. This book was released on 2011-10-12 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eight papers, 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.

Humanity in Economics

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Publisher : GRIN Verlag
ISBN 13 : 3668481512
Total Pages : 218 pages
Book Rating : 4.6/5 (684 download)

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Book Synopsis Humanity in Economics by : Patrick Pobuda

Download or read book Humanity in Economics written by Patrick Pobuda and published by GRIN Verlag. This book was released on 2017-07-11 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The negligence of humanity in economics has already led to huge inequalities in different spheres. This book does focus on social inequality as the considered root-cause for economic inequality while noticing the interrelations between political, economic, and social inequalities. Therefore, the introduced normative concept aims at the establishment of a long-term perspective in the economic sphere, the fairly-distributed allocation of resources as a result of political interference, and the ensuring of equality of opportunity in the social sphere by realization of the “Theory of liberal Fairness”. The intention is to enable citizens as well as societies coping with future challenges while putting the human being back in the center. To allow such a state, the “Theory of reasonable Progress” is proposed as an economic system that is based on Ordoliberalism with some Keynesian elements. The inquiry begins with some theoretical economic concepts and examines the origins as well as different levels of inequality in three countries with their special adoption of a market economy while investigating in each of them the owners of social responsibility. It is followed by a selection of some applicable as well as practicable theories of justice and the compilation of diverse measures in form of a comprehensive tool kit for the establishment of fairness as a response to the growing inequalities in our society. Hereby, the ownership of social responsibility is shared between the public and the private sector. These outcomes will be utilized to develop a framework for the promotion of humanity in economics while also maintaining a high degree of fairness. Consequently, these concepts will be applied to the European Union as an example for their proposed functioning. From the text: - Economic theories; - Inequality levels; - Fairness; - Human-centred business; - European integration

Equality and Efficiency REV

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Author :
Publisher : Brookings Institution Press
ISBN 13 : 0815726546
Total Pages : 171 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Equality and Efficiency REV by : Arthur M. Okun

Download or read book Equality and Efficiency REV written by Arthur M. Okun and published by Brookings Institution Press. This book was released on 2015-04-30 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition includes "Further Thoughts on Equality and Efficiency," a paper published by the author two years later. In classrooms Arthur M. Okun may be best remembered for Okun's Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. To all readers, Okun presents an engaging dual theme: the market needs a place, and the market needs to be kept in its place. As Okun puts it: Institutions in a capitalist democracy prod us to get ahead of our neighbors economically after telling us to stay in line socially. This double standard professes and pursues an egalitarian political and social system while simultaneously generating gaping disparities in economic well-being. Today, Okun's dual theme feels incredibly prescient as we grapple with the hot-button topic of income inequality. In his foreword, Lawrence H. Summers declares: On what one might think of as questions of "economic philosophy," I doubt that Okun has been improved on in the subsequent interval. His discussion of how societies rely on rights as well as markets should be required reading for all young economists who are enamored with market solutions to all problems. With a new foreword by Lawrence H. Summers

Fairness, Responsibility, and Welfare

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Publisher : Oxford University Press, USA
ISBN 13 : 019921591X
Total Pages : 306 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Fairness, Responsibility, and Welfare by : Marc Fleurbaey

Download or read book Fairness, Responsibility, and Welfare written by Marc Fleurbaey and published by Oxford University Press, USA. This book was released on 2008-06-26 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Develops a theory of fairness incorporating a concern for personal responsibility, opportunities and freedom, and makes accessible the recent developments in economics and philosophy that define social justice in terms of equal opportunities.

The SAGE Encyclopedia of Political Behavior

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Publisher : SAGE Publications
ISBN 13 : 1483391159
Total Pages : 1025 pages
Book Rating : 4.4/5 (833 download)

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Book Synopsis The SAGE Encyclopedia of Political Behavior by : Fathali M. Moghaddam

Download or read book The SAGE Encyclopedia of Political Behavior written by Fathali M. Moghaddam and published by SAGE Publications. This book was released on 2017-05-03 with total page 1025 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SAGE Encyclopedia of Political Behavior explores the intersection of psychology, political science, sociology, and human behavior. This encyclopedia integrates theories, research, and case studies from a variety of disciplines that inform this established area of study.

Cooperative Microeconomics

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Publisher : Princeton University Press
ISBN 13 : 1400864143
Total Pages : 465 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Cooperative Microeconomics by : Hervé Moulin

Download or read book Cooperative Microeconomics written by Hervé Moulin and published by Princeton University Press. This book was released on 2014-07-14 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past fifty years game theory has had a major impact on the field of economics. It was for work in game theory that the 1994 Nobel Prize in Economics was awarded. Although non-cooperative game theory is better known, the theory of cooperative games has contributed a number of fundamental ideas to microeconomic analysis. Cooperative Microeconomics is the definitive textbook on these contributions. Designed to be used by undergraduate and graduate students, the book provides a thorough introduction and overview of its subject. Hervé Moulin distinguishes among three primary modes of cooperation: cooperation by direct agreements; cooperation by just, equitable compromise; and cooperation by decentralized behavior. This tri-modal methodology is applied successively to the exchange of private goods, the fair division of unproduced commodities, the cooperative production of private and public goods, and cost-sharing. Moulin proposes an elementary and self-contained exposition (supplemented by over 125 exercises) of the main cooperative concepts for microeconomic analysis, including core stability, deterministic solutions (such as the Shapley value), and several broad principles of equity (such as the No Envy and Stand Alone tests). The book also covers the most important failures of the decentralized behavior: the tragedy of the commons and the free rider problem in the provision of public goods. Cooperative Microeconomics is the first book of its kind, and it will be widely used in courses in microeconomics and game theory. Originally published in 1995. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Responsibility and Distributive Justice

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Publisher : Oxford University Press
ISBN 13 : 0199565805
Total Pages : 318 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis Responsibility and Distributive Justice by : Carl Knight

Download or read book Responsibility and Distributive Justice written by Carl Knight and published by Oxford University Press. This book was released on 2011-03-03 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents new essays investigating a difficult theoretical and practical problem: how do we find a place for individual responsibility in a theory of distributive justice? Does what we choose affect what we deserve? Would making justice sensitive to responsibility give people what they deserve? Would it advance or hinder equality?

Equality and Opportunity

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Publisher : Oxford University Press
ISBN 13 : 0199661812
Total Pages : 241 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis Equality and Opportunity by : Shlomi Segall

Download or read book Equality and Opportunity written by Shlomi Segall and published by Oxford University Press. This book was released on 2013-11 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Egalitarians have traditionally been suspicious of equality of opportunity, but recently there has been a sea-change in egalitarian thinking about that concept. Shlomi Segall brings together these developments in egalitarian theory and offers a comprehensive account of 'radical equality of opportunity'.

Economic Dignity

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Publisher : Penguin
ISBN 13 : 1984879898
Total Pages : 385 pages
Book Rating : 4.9/5 (848 download)

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Book Synopsis Economic Dignity by : Gene Sperling

Download or read book Economic Dignity written by Gene Sperling and published by Penguin. This book was released on 2021-10-12 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Timely and important . . . It should be our North Star for the recovery and beyond.” —Hillary Clinton “Sperling makes a forceful case that only by speaking to matters of the spirit can liberals root their belief in economic justice in people’s deepest aspirations—in their sense of purpose and self-worth.” —The New York Times When Gene Sperling was in charge of coordinating economic policy in the Obama White House, he found himself surprised when serious people in Washington told him that the Obama focus on health care was a distraction because it was “not focused on the economy.” How, he asked, was the fear felt by millions of Americans of being one serious illness away from financial ruin not considered an economic issue? Too often, Sperling found that we measured economic success by metrics like GDP instead of whether the economy was succeeding in lifting up the sense of meaning, purpose, fulfillment, and security of people. In Economic Dignity, Sperling frames the way forward in a time of wrenching change and offers a vision of an economy whose guiding light is the promotion of dignity for all Americans.

EQUALITY OF OPPORTUNITY

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Publisher : Harvard University Press
ISBN 13 : 9780674259911
Total Pages : 120 pages
Book Rating : 4.2/5 (599 download)

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Book Synopsis EQUALITY OF OPPORTUNITY by : John E. ROEMER

Download or read book EQUALITY OF OPPORTUNITY written by John E. ROEMER and published by Harvard University Press. This book was released on 1998 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Roemer points out that there are two views of equality of opportunity that are widely held today. The first, which he calls the nondiscrimination principle, states that in the competition for positions in society, individuals should be judged only on attributes relevant to the performance of the duties of the position in question. Attributes such as race or sex should not be taken into account. The second states that society should do what it can to level the playing field among persons who compete for positions, especially during their formative years, so that all those who have the relevant potential attributes can be considered. Common to both positions is that at some point the principle of equal opportunity holds individuals accountable for achievements of particular objectives, whether they be education, employment, health, or income. Roemer argues that there is consequently a "before" and an "after" in the notion of equality of opportunity: before the competition starts, opportunities must be equalized, by social intervention if need be; but after it begins, individuals are on their own. The different views of equal opportunity should be judged according to where they place the starting gate which separates "before" from "after." Roemer works out in a precise way how to determine the location of the starting gate in the different views.

Chance, Merit, and Economic Inequality

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Author :
Publisher : Springer Nature
ISBN 13 : 3030211266
Total Pages : 248 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Chance, Merit, and Economic Inequality by : Joseph de la Torre Dwyer

Download or read book Chance, Merit, and Economic Inequality written by Joseph de la Torre Dwyer and published by Springer Nature. This book was released on 2019-09-11 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a novel approach to distributive justice by building a theory based on a concept of desert. As a work of applied political theory, it presents a simple but powerful theoretical argument and a detailed proposal to eliminate unmerited inequality, poverty, and economic immobility, speaking to the underlying moral principles of both progressives who already support egalitarian measures and also conservatives who have previously rejected egalitarianism on the grounds of individual freedom, personal responsibility, hard work, or economic efficiency. By using an agnostic, flexible, data-driven approach to isolate luck and ultimately measure desert, this proposal makes equal opportunity initiatives both more accurate and effective as it adapts to a changing economy. It grants to each individual the freedom to genuinely choose their place in the distribution. It provides two policy variations that are perfectly economically efficient, and two others that are conditionally so. It straightforwardly aligns outcomes with widely shared, fundamental moral intuitions. Lastly, it demonstrates much of the above by modeling four policy variations using 40 years of survey data from the Panel Study of Income Dynamics.

A Theory of Justice

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Author :
Publisher : Harvard University Press
ISBN 13 : 0674042603
Total Pages : 624 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis A Theory of Justice by : John RAWLS

Download or read book A Theory of Justice written by John RAWLS and published by Harvard University Press. This book was released on 2009-06-30 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: Though the revised edition of A Theory of Justice, published in 1999, is the definitive statement of Rawls's view, so much of the extensive literature on Rawls's theory refers to the first edition. This reissue makes the first edition once again available for scholars and serious students of Rawls's work.