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Equality of opportunity and the alignment of incentives

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  • Ivanov, Asen

Abstract

Under what conditions are the incentives of the members of society more aligned? We address this question in a setup in which individuals choose a policy without knowing who will benefit and who will be hurt by each policy. Our central result identifies a sufficient condition for a measure of disagreement in society, which has been linked to the equilibrium level of rent-seeking, to weakly decrease. This sufficient condition captures increasing equality of opportunity in a specific sense.

Suggested Citation

  • Ivanov, Asen, 2014. "Equality of opportunity and the alignment of incentives," Journal of Mathematical Economics, Elsevier, vol. 53(C), pages 16-25.
    • Handle: RePEc:eee:mateco:v:53:y:2014:i:c:p:16-25
    DOI: 10.1016/j.jmateco.2014.05.003
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    References listed on IDEAS

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