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This paper provides an `escape route' from the efficiency-equity trade-off in the School Choice problem. We achieve our objective by presenting a weak notion of fairness, called τ-fairness, which is always satisfied by some allocation. Then, we propose the adoption of the Student Optimal...
Persistent link: https://www.econbiz.de/10011201269
This paper introduces tau-fairness as a compromise solution reconciling Pareto efficiency and equity in School Choice Problems. We show that, by considering a weak notion of equity that we refer to as lambda-equity, it is possible to contribute positively to solve an open debate, originated by...
Persistent link: https://www.econbiz.de/10010991659