Fair bounds based solidarity
AbstractHow should scholarships be distributed among the (public) higher education students? We raise this situation as a redistribution problem. Following the approach developed in Fleurbaey (1994) and Bossert (1995), redistribution should be based on the notion of solidarity and it reallocates resources taking into account only agents' relevant characteristics. We also follow Luttens (2010a), who considers that compensation of relevant characteristics must be based on a lower bound on what every individual deserves. In doing so, we use the so called fair bound (Moulin (2002)) to define an egalitarian redistribution mechanism and characterize it in terms of non-negativity, priority in lower bound and solidarity. Finally, we apply our approach to the scholarships redistribution problem.
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Bibliographic InfoPaper provided by Universidad de Alicante, Departamento de Métodos Cuantitativos y Teoría Económica in its series QM&ET Working Papers with number 12-12.
Length: 22 pages
Date of creation: 20 Jul 2012
Date of revision:
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Redistribution mechanism; Lower bounds; Scholarship; Solidarity;
Other versions of this item:
- Giménez-Gómez, José Manuel & Peris, Josep E., 2012. "Fair bounds based solidarity," Working Papers 2072/203162, Universitat Rovira i Virgili, Department of Economics.
- José M. Jiménez Gómez & Josep Enric Peris Ferrando, 2012. "Fair bound based solidarity," Working Papers. Serie AD 2012-18, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
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