Generalized Gini Indices of Equality of Opportunity
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Vanderbilt University
Abstract
This article considers the ranking of profiles of opportunity sets on the basis of their equality. A version of the Pigou-Dalton transfer principle that is appropriate for the measurement of opportunity inequality is introduced and used to axiomatize the class of generalized Gini equality of opportunity orderings. A characterization of the class of generalized Gini social preference orderings for opportunity profiles is also provided.
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Equity, equality of opportunity, Gini, inequality measurement, opportunity sets, JEL Classification Number: D63