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OPPORTUNITY AS MUTUAL ADVANTAGE

Published online by Cambridge University Press:  17 March 2010

Robert Sugden
Robert Sugden*
Affiliation:
University of East Anglia
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Abstract

This paper argues that measurements of opportunity which focus on the contents of a person's opportunity set fail to capture open-ended aspects of opportunity that liberals should value. I propose an alternative conception of ‘opportunity as mutual advantage’ which does not require the explicit specification of opportunity sets, and which rests on an understanding of persons as responsible rather than rational agents. I suggest that issues of distributive fairness are best framed in terms of real income, and that meaningful measurements of real income are possible if opportunity as mutual advantage is ensured.

Type
Essay
Information
Economics & Philosophy , Volume 26 , Issue 1 , March 2010 , pp. 47 - 68
Copyright
Copyright © Cambridge University Press 2010

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