Optimal provision of public goods with rank dependent expected utility

In this paper the theory of rank-dependent expected utility (RDEU) is substituted for the theory of expected utility (EU) in a model of optimal provision of public goods. The substitution generalizes the Samuelson rule, previously modified to include deadweight loss and tax evasion loss.

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Year of publication:	2003
Authors:	Eide, Erling
Publisher:	Oslo : University of Oslo, Department of Economics
Subject:	Steuerflucht \| Optimale Besteuerung \| Öffentliches Gut \| Erwartungstheorie \| Nutzen \| Theorie \| Tax evasion \| optimal taxation \| rank dependent expected utility

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Series:	Memorandum ; 2003,03
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	360512879 [GVK] hdl:10419/63052 [Handle]
Classification:	D81 - Criteria for Decision-Making under Risk and Uncertainty ; H21 - Efficiency; Optimal Taxation ; H26 - Tax Evasion
Source:	EconStor

Persistent link: https://www.econbiz.de/10010284339