Healthcare expenditure in the United States has grown and will continue to increase. The increasing healthcare expenditure is to reduce real income as well as to diminish total utility and increase financial stresses. This study argues that the most critical factor that increases healthcare...

Healthcare expenditure in the United States has grown and will continue to increase. The increasing healthcare expenditure is to reduce real income as well as to diminish total utility and increase financial stresses. This study argues that the most critical factor that increases healthcare...

For quite sometime, tax evasion has attracted many researchers' attention in the field of public finance. Not enough attention, however, has been paid to the effects of political factors on tax evasion. This paper intends to provide an economic model of tax evasion, considering the interactions...

Even though it is commonplace in many countries for federal governments to give fiscal support to local governments, this may work as a deterrent in providing incentives to local governments to increase their own revenue. To address this problem of moral hazard, various techniques of measuring...

To address the siting problem of publicly provided indivisible goods, numerous compensation mechanisms have been suggested in the literature, which are implementable in the Bayesian sense. However, careful attention has rarely been paid to the class of dominant strategy implementable mechanisms....

NIMBY(Not In My Backyard) problems are ubiquitous. Even though it is evident that society needs noxious facilities such as waste sites, people oppose the siting of those facilities around their neighborhoods. Many compensation mechanisms are suggested by researchers in the literature. However,...