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BenDavid-Hadar, Iris – International Journal of Educational Management, 2018
Purpose: Resource allocation is a key policy instrument that affects the educational achievement distribution (EAD). The literature on methods of allocation is focused mainly on equity issues. The purpose of this paper is to develop a composite funding formula, which adds to the equity-based element (i.e. a needs-based element compensating for…
Descriptors: Educational Finance, Resource Allocation, Funding Formulas, Educational Equity (Finance)