On the Second-Order Properties of Optimal Taxation.

In the optimal tax problem, the maximand is quasi-convex in consumer prices. In such a case, there exists no separating hyperplane between the upper contour set of the maximand and the constraint set. Therefore, the second order properties of optimal tax problems are somewhat non-standard compared to the majority of optimisation models encountered in economic theory.

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Year of publication:	1997
Authors:	Hakonsen, L
Institutions:	Norges Handelshøyskole (NHH)
Subject:	ECONOMETRICS \| CONSUMER BEHAVIOUR \| TAXATION

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Series:	Norwegian School of Economics and Business Administration-.
Type of publication:	Book / Working Paper
Notes:	18 pages
Classification:	C60 - Mathematical Methods and Programming. General ; D11 - Consumer Economics: Theory ; H21 - Efficiency; Optimal Taxation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005781239