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 re-allocates resources taking into account only agentsâ€™ 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. Keywords: Redistribution mechanism, Lower bounds, Scholarship, Solidarity. JEL classification: C71, D63, D71
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Bibliographic InfoPaper provided by Universitat Rovira i Virgili, Department of Economics in its series Working Papers with number 2072/203162.
Date of creation: 2012
Date of revision:
Jocs cooperatius; Economia del benestar -- Models matemàtics; Elecció social; 33 - Economia;
Other versions of this item:
- Peris, Josep E. & Jiménez-Gómez, José M., 2012. "Fair bounds based solidarity," QM&ET Working Papers 12-12, Universidad de Alicante, Departamento de Métodos Cuantitativos y Teoría Económica.
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-11-11 (All new papers)
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