they can fail to adequately consider social welfare issues, such as equity and efficiency. Social choice theory allows … optimal health outcomes to be fully considered in terms of equity and efficiency when determining the impact of economic … growth on social welfare. Social choice theory incorporates the various social concerns that are not adequately captured …

We evaluate the impact of government spending efficiency on fiscal sustainability for a panel of 35 OECD countries … revenues to changes in government spending. Next, we make use of so-called government spending efficiency scores, which … the input efficiency scores obtained, countries' fiscal balance and fiscal sustainability is directly improved by the use …

successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness …

political debate. At the same time, the literature is surprisingly silent about the magnitude of possible efficiency costs of a … departure from tax neutrality. Against this background, the present paper discusses the theory of capital structure and provides … backof-the-envelope calculations of the possible efficiency cost of a tax distortion of the debtequity decision. -- Debt …

efficiency of the courts in avoiding Type I (finding an innocent firm guilty of inappropriate care) and Type II (finding a guilty … indicate that an increase in the efficiency of the court system in avoiding errors raises safety care levels, thereby reducing …] share for firms [financiers] as well as a lower standard level of care. -- environmental policy ; court efficiency …

complement carbon pricing (taxes or permit trading) and improve the economic efficiency of a mitigation policy package? To answer … temperature. The efficiency gains of combining innovation and carbon pricing policies are found to reach about 10% for a …