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literature on this problem of compensation. This literature follows the distinction between the ethical principle of compensation … influence over agents’ outcomes of the characteristics that elicit compensation. According to the latter, a good resource … elicit compensation. The principle of responsibility can be interpreted as a libertarian principle of natural reward, or as a …
Persistent link: https://www.econbiz.de/10014025186
acknowledged that an early death is a serious disadvantage, and that attention should be paid to the compensation of short …-lived individuals. This paper re-examines the compatibility of those two concerns: prevention against early death and compensation for … a concern for compensation. The reason is that if it is socially desirable to raise the number of survivors through …
Persistent link: https://www.econbiz.de/10010679136
This chapter examines the role of altruistic motives in the economic analysis of public social transfers, both from a positive and from a normative point of view. The positive question is to know whether we can fully neglect altruistic considerations to explain the development or sustainability...
Persistent link: https://www.econbiz.de/10014023654
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
Over the past two decades of transition from centrally planned economy to market economy Uzbekistan has experienced major structural changes. During this period the objectives of the tax policy were directed towards modernizing the tax system, increasing efficiency and reducing the tax burden on...
Persistent link: https://www.econbiz.de/10010764928
The article studies the theoretical restrictions of public sector segmentation, derived from the concept of the purely public good, as well as from the views on revealing the public preferences thereto. It also highlights the weaknesses of the allocation efficiency and the available dialectical...
Persistent link: https://www.econbiz.de/10010601670
A group of actors, individuals or firms, can engage in collectively providing projects which may be costly or generating revenues and which may benefit some and harm others. Based on requirements of procedural fairness, we derive a bidding mechanism determining endogenously who participates in...
Persistent link: https://www.econbiz.de/10011116861
This note provides an alternative derivation of the leximin principle using the framework of Harsanyi’s (1953) equi-probability model. We demonstrate that the leximin principle is concluded if and only if the preference ordering of the impartial observer obeys strong monotonicity and complete...
Persistent link: https://www.econbiz.de/10010784997
A collective decision problem is described by a set of agents, a profile of single-peaked preferences over the real line and a number of public facilities to be located. We consider public facilities that do not suffer from congestion and are non-excludable. We characterize the class of rules...
Persistent link: https://www.econbiz.de/10011049862
inefficiently high taxes, high compensation for state officials, and low welfare. …
Persistent link: https://www.econbiz.de/10010950707