Participation and Solidarity in Redistribution Mechanisms

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Title:Participation and Solidarity in Redistribution Mechanisms
Creators:
Giménez-Gómez, José-Manuel
Peris, Josep E.
Journal or Publication Title:
Czech Economic Review, 9, 1, pp. 36-49
Uncontrolled Keywords:Redistribution mechanism, minimal rights, solidarity, participation, claims feasibility

Abstract

Following Bossert (1995), we consider a model where personal income depends on two different characteristics: skills and effort. Luttens (2010) introduces claims that individuals have over aggregate income and that only depend on the effort they exert. Moreover, he proposes redistribution mechanisms in which solidarity is based on changes in a lower bound on what every individual deserves according to these claims: the so-called minimal rights (O’Neill 1982). A debatable consequence in one of Luttens’ mechanisms is that “the poorest individuals might up with a negative income” (Luttens 2010); that is, this mechanism does not satisfy participation, which turns out to be incompatible with claims feasibility, under Luttens’ assumptions. We present a new solidarity axiom that is compatible both with participation and claims feasibility, and we provide a mechanism satisfying these properties and our new additive solidarity axiom. Moreover, our mechanism satisfies additional properties, as priority, or respect of minimal rights.

Official URL: http://www.ceeol.com/aspx/issuedetails.aspx?issueid=70C3A2F5-EC7D-4FC2-8F68-BD506163599F&articleid=CD43B0EC-0AA0-4943-A77C-23D6D53B324A

Title:Participation and Solidarity in Redistribution Mechanisms
Creators:
Giménez-Gómez, José-Manuel
Peris, Josep E.
Uncontrolled Keywords:Redistribution mechanism, minimal rights, solidarity, participation, claims feasibility
Subjects:H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
H Social Sciences > HF Commerce
Divisions:Section of external journals > AUCO Czech Economic Review
Journal or Publication Title:Czech Economic Review
Volume:9
Number:1
Page Range:pp. 36-49
ISSN:1802-4696
Publisher:Charles University
Related URLs:
URLURL Type
http://auco.cuni.czPublisher
http://avi.lib.cas.cz/node/183Publisher
ID Code:8473
Item Type:Article
Deposited On:20 Oct 2015 12:54
Last Modified:20 Oct 2015 10:54

Citation

Giménez-Gómez, José-Manuel; Peris, Josep E. (2015) Participation and Solidarity in Redistribution Mechanisms. Czech Economic Review, 9 (1). pp. 36-49. ISSN 1802-4696

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