IS.1.1. Equality of Opportunity

IS.1.1. Equality of Opportunity - Definitions:

D1. Fairness: Equal distribution of the opportunities is the point of reference for judgement of fair versus unfair inequality.

D.2. Equality of Opportunity - Substantial: Equality of opportunity requires that all individuals have the same chances to obtain valuable outcomes.

D.3. Equality of Opportunity - Formal: Non-discrimination, prescribing that all individuals should be treated equally.

D.4. Circumstances: That which is out of control of an individual's effort.

D.5. Effort: That for which individual is held responsible i.e. which is within the reach or control of an individual.

D.6. Compensation Principal: To compensate individuals for the unfair disadvantage due to their circumstances.

D.7. Reward Principal: To reward individuals for the fair advantage due to their effort.

E.1. Two scenarios are now as follows:

I. For each Effort level, there can be many individuals each facing a different Circumstance.

II. For each Circumstance, there can be many individuals each providing a different Effort level.

Reference: Osberg, L. (2019). Could" Equality of Opportunity" among Commoners Suffice?. Dalhousie University, Department of Economics Working Papers, (daleconwp2019-01).

Brainstorming: What is Significance of Conceptual Hierarchies?

Brainstorming: What is Significance of Conceptual Hierarchies? Notes: It is useful for every apprentice to brainstorm and organize their ideas on important topics. This helps recall, and also discover logical gaps, or other weaknesses. I have attempted to do the same here. You may use it to develop your own diagram to organize and refine your own thoughts around the question in the title. See Project Concept Maps (Slide on Concept Maps) for understanding how these diagrams were made. You may download the picture to see it full size (Left Click on the picture, and select Save As.)

Brainstorming: What is Economics?

Brainstorming: What is Economics? Notes: It is useful for every apprentice to brainstorm and organize their ideas on important topics. This helps recall, and also discover logical gaps, or other weaknesses. I have attempted to do the same here. You may use it to develop your own diagram to organize and refine your own thoughts around the question in the title. See Project Concept Maps (Slide on Concept Maps) for understanding how these diagrams were made. You may download the picture to see it full size (Left Click on the picture, and select Save As.)

Brainstorming: What is Importance of Attention Direction?

Brainstorming: What is Importance of Attention Direction? Notes: It is useful for every apprentice to brainstorm and organize their ideas on important topics. This helps recall, and also discover logical gaps, or other weaknesses. I have attempted to do the same here. You may use it to develop your own diagram to organize and refine your own thoughts around the question in the title. See Project Concept Maps (Slide on Concept Maps) for understanding how these diagrams were made. You may download the picture to see it full size (Left Click on the picture, and select Save As.)

Log Schemata

Search This Blog