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.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.