Showing 1 - 10 of 36
Restricting attention to quasi-linear utility functions, we examine in the paper the distributive incidence of income taxes used to finance the production of a single public good.
Persistent link: https://www.econbiz.de/10005779644
We present new conditions that guarantee the existence of mechanism with a unique or essentially unique equilibrium in auction and public goods problems with quasi-linear utility functions. These conditions bear only on the information structures of the agents.
Persistent link: https://www.econbiz.de/10005779668
Properties of an average voting rule - the outcome being some weighted average of votes – are investigated, with particular attention to its ability to protect minorities. The unique average voting outcome is characterized with a median formula which depends on the voters’ preferred...
Persistent link: https://www.econbiz.de/10005512019
This paper develops a dynamic model wherin production generates pollution that is viewed as a public bad by consumers. There are two types of consumers: those who are altruist a la Barro-Becker and leave bequests to their children and those who are pure life-cyclers. Both types of consumers...
Persistent link: https://www.econbiz.de/10005479019
This paper presents an overlapping generations model of environmental externalities with a depollution technology. each agent concerned by the environmental degradation can volutary contribute in order to reduce it. Contributing to the environmental quality means financing depollution activities...
Persistent link: https://www.econbiz.de/10005669440
Persistent link: https://www.econbiz.de/10005669486
The average voting procedure reflects the weighted average of expressed opinions in [0,1]. Participants typically behave strategically. We evaluate the discrepancy between the average taste and the average vote. If the population is sufficiently large, it is possible to contruct approximations...
Persistent link: https://www.econbiz.de/10005292385
responsibility, praise, altruism-based, shallow, and external), the reasons for implicit cooperation, putative reciprocity and policy …
Persistent link: https://www.econbiz.de/10005512014
We investigate the conditions under which an inequality averse and additively separable welfarist constitution maker would always choose to set up a progressive equalization payment scheme in a federation with local public goods. A progressive equalization payment scheme is defined as a list of...
Persistent link: https://www.econbiz.de/10005512022
This paper provides a normative appraisal of the Canadian equalization transfers system. For that sake, the two-dimensional dominance criteria introduced by Atkinson and Bourguignon(RES, 1982) are used to compare the distributions of private and public good before and after equalization...
Persistent link: https://www.econbiz.de/10005292378