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On the equivalence between welfarism and equality of opportunity

✍ Scribed by François Maniquet

Publisher
Springer
Year
2004
Tongue
English
Weight
348 KB
Volume
23
Category
Article
ISSN
0176-1714

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✍ Bart Capéau; Erwin Ooghe 📂 Article 📅 2007 🏛 Elsevier Science 🌐 English ⚖ 341 KB

The standard solution in classical welfare analysis to deal with non-pecuniary characteristics relevant for a normative judgement of income distributions, such as household composition or handicaps, is to adjust first household income via equivalence scales. The resulting equivalent income is then a