Equalizing opportunities through public education when innate abilities are unobservable
Laurence Kranich ()
UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de Economía
I consider the problem of equalizing opportunities among agents who differ in both their tastes and innate productive abilities when these characteristics are unobservable. The government specifically wishes to offset the effects of differences in innate talents by affording public education or training to those with lesser skills. I first show that in the benchmark case involving complete infonnation it is possible to fully equalize opportunities as defmed axiomatically by Bossert and Fleurbaey. Moreover, in the incomplete infonnation case, it is possible to implement any input progressive education policy by means of a direct implementation/revelation mechanism. However, it is not possible to afford equal opportunities. I conclude with an example demonstrating the alternative, social welfare function approach which I argue is more suitable for second-best analyses.
Keywords: Equal; opportunities; Public; education; Individual; responsibility; Multidimensional; characteristics; Asymmetric; information (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
Working Paper: Equalizing Opportunities through Public Education when Innate Abilities are Unobservable (1998)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cte:werepe:7216
Access Statistics for this paper
More papers in UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de Economía
Bibliographic data for series maintained by Ana Poveda ().