Abstract:
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How 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 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.
Keywords: Redistribution mechanism, Lower bounds, Scholarship,
Solidarity.
JEL classification: C71, D63, D71 |