Brennan, Geoffrey; Pincus, Jonathan J. - In: Rivista di Politica Economica 94 (2004) 4, pp. 79-104
The case for fiscal equalisation can arise because of differences between states' average incomes or populations. In this paper, we examine the latter in a simple case, using different formulations of the social welfare function: Benthamite; Rawlsian; and Nash. We distinguish, in the process, two...