We establish the precise connections between progressive taxation andinequality reduction, in a setting where the level of tax revenue to be raised isendogenously fixed and tax schemes are balanced. We show that, in contrastwith the traditional literature on taxation, the equivalence between...

This Article explains how MLB club-owners use their control over the market for premier, professional baseball to demand free public stadiums. Part I of this Article explains how the United States has moved from having just one publicly funded MLB stadium (pre-1950s) to having over twenty-five...

We establish the precise connections between progressive taxation and inequality reduction, in a setting where the level of tax revenue to be raised is endogenously fixed and tax schemes are balanced. We show that, in contrast with the traditional literature on taxation, the equivalence between...

Treaty shopping refers to a situation in which an individual or a company that is not eligible for the benefits of a tax treaty uses an intermediary entity that is eligible for such benefits to obtain these benefits indirectly. This paper examines treaty shopping with a game-theoretic model in a...

The present study is, in particular, an attempt to test the relationship between tax level and political stability by using some economic control variables and to see the relationship among government effectiveness, corruption, and GDP. For the purpose, we used the Vector Autoregression (VAR)...

Progressivity, inequality reduction and merging-proofness are three well-known axioms in taxation. We investigate implications of each of the three axioms through characterizations of several families of taxation rules and their logical relations. We also study the preservation of these axioms...

Do firms have adequate incentives to invest in anti-terrorism mechanisms? This paper develops a framework for addressing this issue when the security choices by one agent affect the risks faced by others. We utilize the airline security problem to illustrate how the incentive by one airline to...

Why do absolutists decentralize power to others? We developed a signaling game model to analyze the decentralization under an authoritarian regime. The model reveals that strong rulers prefer to not offer any power decentralization, while weak rulers tend to disguise themselves as strong rulers...

We establish the precise connections between progressive taxation and inequality reduction, in a setting where the level of tax revenue to be raised is exogenously fixed and tax schemes are balanced. We show that, in contrast with the traditional literature on taxation, the equivalence between...

We investigate the implications and logical relations between progressivity (a principle of distributive justice) and merging-proofness (a strategic principle) in taxation. By means of two characterization results, we show that these two principles are intimately related, despite their different...