Equity and Resources: An Analysis of Education Finance Systems
分析了五种教育财政体系对教育资源和公平的影响，发现公平与资源之间存在非单调的权衡关系，其中“带追回的权力均等化”体系在多数投票中胜出。
We analyze five education finance systems: local, state, foundation, power equalizing with recapture (PER), and power equalizing without recapture (PEN). In a calibrated model, we find that finance systems have large effects on educational resources and equity. The trade-off between equity and resources, however, is not monotone. Ranking systems by expected utility, we find that PER consistently ranks highest, though it provides fewer resources to education than the foundation and PEN systems and is less equitable than a state system. We prove that for an important subset of preferences, PER will win in majority voting comparisons with the other systems.