Author:

Keywords:

prioritarianism, education, opportunities versus outcomes, intrinsic versus instrumental value, resource allocation, dynamic skill formation

Abstract:

I first summarize and critically discuss the different normative views that are operational in the academic literature on education. Afterwards, I analyze how prioritarians would allocate resources in a dynamic model of skill formation and compare it to utilitarians and Rawlsians. I finish with a brief discussion of several plausible extensions of the resource allocation problem.