Life Chances Revisited

  • Dirk Jacob Wolfson Erasmus University Rotterdam


In dealings with fairness and equality, it is time to rekindle interest in the notion of life chances. In today’s world, many of the lesser endowed in the West see their opportunities dwindle when they do not share in the accumulation of wealth by the happy few or lose jobs to Asian Tigers, environmental concerns, artificial intelligence, or the impact of covid-19. To turn this tide, the paper introduces a mechanism design of situational contracting that, drawing on innovative insights from behavioural economics, can improve opportunities, capabilities and employability, serve a spectrum of ideologies, and reveal how far societies are prepared to go in dealing with the downside of globalisation.

How to Cite
WOLFSON, Dirk Jacob. Life Chances Revisited. Archives of Psychology, [S.l.], v. 4, n. 3, aug. 2020. ISSN 2573-7902. Available at: <>. Date accessed: 22 apr. 2024. doi:

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