The measurement of opportunity inequality: a cardinality-based approach

Ok, Efe A.; Kranich, Laurence

Publication:
The measurement of opportunity inequality: a cardinality-based approach

dc.affiliation.dpto	UC3M. Departamento de Economía	es
dc.contributor.author	Ok, Efe A.
dc.contributor.author	Kranich, Laurence
dc.contributor.editor	Universidad Carlos III de Madrid. Departamento de Economía
dc.date.accessioned	2009-04-08T12:50:32Z
dc.date.available	2009-04-08T12:50:32Z
dc.date.issued	1995-09
dc.description.abstract	We consider the problem of ranking distributions of opportunity sets on the basis of equality. First, conditional on agents' preferences over individual opportunity sets, we formulate the analogues ofthe notions ofthe Lorenz partial ordering, equalizing Dalton transfers, and inequality averse social welfare functionals -concepts which play a central role in the literature on income inequality. For the particular case in which agents rank opportunity sets on the basis of their cardinalities, we establish an analogue of the fundamental theorem of inequality measurement: one distribution Lorenz dominates another if and only if the former can be obtained from the latter by a finite sequence of equalizing transfers, and if and only if the former is ranked higher than the latter by all inequality averse social welfare functionals. In addition, we characterize the smallest monotonic and transitive extension of the cardinality-based Lorenz inequality ordering.
dc.format.mimetype	application/pdf
dc.identifier.issn	2340-5031
dc.identifier.uri	https://hdl.handle.net/10016/3920
dc.language.iso	eng
dc.relation.ispartofseries	UC3M Working Paper. Economics;
dc.relation.ispartofseries	1995-37-24
dc.rights	Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRights	open access
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.eciencia	Economía
dc.subject.other	Opportunity Inequality
dc.subject.other	Equalizing Transfers
dc.subject.other	Lorenz Domination
dc.title	The measurement of opportunity inequality: a cardinality-based approach
dc.type	working paper	*
dspace.entity.type	Publication