Generalized Gini Indices of Equality of Opportunity
Working Paper No. 01-W14R
John A. Weymark
ABSTRACT [article]
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.
Keywords and Phrases: Equity, equality of opportunity, Gini, inequality measurement, opportunity sets
JEL Classification Number: D63