Endogenous productivity and equality of opportunity (original) (raw)

Abstract

We consider a production economy ‘à la Mirrlees’ in which the earnings capability of individuals is endogenous. Individuals are heterogeneous with respect to their preferences and their propensity to benefit from a given investment in human capital. We look for allocation rules satisfying properties that capture the objective of equalizing opportunities. We characterize four allocation rules that both encompass different perspectives of equality of opportunity and justify different levels of public intervention.

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Authors and Affiliations

1. Department of Philosophy, Carnegie Mellon University, Pittsburgh, PA, USA
   Efthymios Athanasiou

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1. Efthymios Athanasiou

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Correspondence toEfthymios Athanasiou.

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Athanasiou, E. Endogenous productivity and equality of opportunity.Soc Choice Welf 39, 59–89 (2012). https://doi.org/10.1007/s00355-011-0545-2

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• Received: 20 November 2009
• Accepted: 17 March 2011
• Published: 06 April 2011
• Issue date: June 2012
• DOI: https://doi.org/10.1007/s00355-011-0545-2

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