Observed levels of tax compliance are higher than predicted levels (when predictions are based on Allingham and Sandmo's neoclassical model of tax evasion). They are higher if social norms recognise the importance of compliance. But how do social norms frame decisions to pay tax? Can prospect...

This paper begins by contrasting the caricatures "homo and femina economicus" with "homo and femina realitus". Against this backdrop, the paper considers three "apparently falsified" empirical predictions of the standard expected utility model of individual decision-making concerning...

There is a recognised caricature at the heart of modern economic theory. "Homo economicus" is generally described by reference to three axioms: (i) the individual is "rational"; (ii) the individual is egoistic; (iii) egoism takes the form of economic self-interest in narrowly defined terms (i.e....

The poorer member states of the EC are often disappointed at what they see as a very limited degree of redistribution of resources away from the richer members towards the less well off. In a recent paper to the intergovernmental conference (IGC) on political union, for example, Spain calls for...

The poorer member states of the EC are often disappointed at what they see as a very limited degree of redistribution of resources away from the richer members towards the less well off. In a recent paper to the intergovernmental conference (IGC) on political union, for example, Spain calls for...

In neoclassical economics, individuals are assumed to perceive tax payments as commensurate with any other payment. This paper challenges this assumption. Individuals are more likely to identify with the community when they pay a higher share of their income in tax and when compliance is also an...

Is it possible for an attorney to have a conflict of interest when the attorney represents a trustee who is also a beneficiary of the trust? Is that situation similar to having two clients? What if the trustee is not only a beneficiary, but also a claimant against the trust? Since the trustee...