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Fair bound based solidarity

José M. Jiménez Gómez () and Josep E. Peris
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José M. Jiménez Gómez: Universidad Politécnica de Cartagena

Authors registered in the RePEc Author Service: José-Manuel Giménez-Gómez ()

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: How should scholarships be distributed among the (public) higher education students? We raise thissituation as a redistribution problem. Following the approach developed in Fleurbaey (1994) andBossert (1995), redistribution should be based on the notion of solidarity and it re-allocates resourcestaking into account only agents' relevant characteristics. We also follow Luttens (2010a), whoconsiders that compensation of relevant characteristics must be based on a lower bound on whatevery individual deserves. In doing so, we use the so-called fair bound (Moulin 2002) to define anegalitarian redistribution mechanism and characterize it in terms of non-negativity, priority in lowerbound and solidarity. Finally, we apply our approach to the scholarships redistribution problem.

Keywords: Redistribution mechanism; Lower bounds; Scholarship; Solidarity. (search for similar items in EconPapers)
JEL-codes: C71 D63 D71 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2012-10
New Economics Papers: this item is included in nep-gth
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http://www.ivie.es/downloads/docs/wpasad/wpasad-2012-18.pdf Fisrt version / Primera version, 2012 (application/pdf)

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