Abstract:
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Following the approach developed by Luttens (2010), we consider a model
where individuals with di fferent levels of skills exert di fferent levels of e ffor.
Speci fically, we propose a redistribution mechanism based on a lower bound
on what every individual deserves: the so-called minimal rights (O'Neill
(1982)). Our re finement of Luttens' mechanism ensures at the same time
minimal rights based solidarity, participation (non-negativity) and claims
feasibility.
Keywords: Redistribution mechanism, Minimal rights, Solidarity,
Participation, Claims feasibility.
JEL classi fication: C71, D63, D71. |