Publication:
Equality of Opportunity: Theory and Evidence

dc.contributor.authorPeragine, Vito
dc.contributor.authorFerreira, Francisco H.G.
dc.date.accessioned2015-03-31T16:16:21Z
dc.date.available2015-03-31T16:16:21Z
dc.date.issued2015-03
dc.description.abstractBuilding on earlier work by political philosophers, economists have recently sought to define a concept of equity that accommodates the fairness of reward to individual responsibility and effort, while allowing for the existence of some inequalities which are unfair and should be compensated. This paper -- commissioned as a chapter for the Oxford Handbook of Well Being and Public Policy -- provides a critical review of the economic literature on equality and inequality of opportunity. A simple 'canonical model' of equal opportunity is proposed, and used to explore the two fundamental concepts in this (relatively) new theory of social justice: the principles of compensation and reward. Ex-ante and ex-post versions of the compensation principle are presented, and the tensions between them are discussed. Different approaches to the measurement of inequality of opportunity -- and empirical applications -- are reviewed, and implications for the measurement of poverty and of the rate of economic development are discussed.en
dc.identifier.doi10.1596/1813-9450-7217
dc.identifier.urihttps://hdl.handle.net/10986/21656
dc.language.isoen_US
dc.publisherWorld Bank Group, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7217
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectequality of opportunity
dc.subjectinequality of opportunity
dc.subjectcompensation
dc.subjectreward
dc.subjectequal opportunity
dc.subjectpoverty
dc.subjectpoverty measures
dc.subjectequity
dc.titleEquality of Opportunityen
dc.title.subtitleTheory and Evidenceen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleEquality of Opportunity: Theory and Evidence
okr.date.disclosure2015-03-20
okr.date.doiregistration2025-04-10T10:33:50.381352Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.globalpracticePoverty
okr.guid382131467998206429
okr.identifier.doi10.1596/1813-9450-7217
okr.identifier.reportWPS7217
okr.language.supporteden
okr.topicPoverty Reduction::Equity and Development
okr.topicPoverty Reduction::Inequality
okr.topicPoverty Reduction::Poverty Monitoring & Analysis
okr.unitOffice of the Chief Economist, Africa Region (AFRCE)
relation.isAuthorOfPublication2aa2ddfe-f591-50b2-961d-c4991bd3b876
relation.isAuthorOfPublication.latestForDiscovery2aa2ddfe-f591-50b2-961d-c4991bd3b876
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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