Opportunity as mutual advantage

Sugden, Robert (2010) Opportunity as mutual advantage. Economics and Philosophy, 26 (1). pp. 47-68. ISSN 1474-0028

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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.

Item Type:	Article
Faculty \ School:	Faculty of Social Sciences > School of Economics
UEA Research Groups:	Faculty of Social Sciences > Research Groups > Economic Theory Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences Faculty of Social Sciences > Research Centres > Centre for Competition Policy Faculty of Social Sciences > Research Groups > Behavioural Economics
Depositing User:	Gina Neff
Date Deposited:	17 Jan 2011 12:30
Last Modified:	28 Mar 2025 03:10
URI:	https://ueaeprints.uea.ac.uk/id/eprint/19355
DOI:	10.1017/S0266267110000052

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