ABSTRACT

The conception of equity discussed in earlier chapters provides a criterion for judging whether a given distribution of resources is equitable or not. As long as preferences are regarded as autonomous, a distribution will be inequitable if it is the outcome of each individual making choices over unequal choice sets; it will be equitable if every individual faces the same choice set. It has been argued that this interpretation captures a major part of the way the term is commonly applied to distributional issues.