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Priorities in the location of multiple public facilities

Bochet, Olivier; Gordon, Sidartha - 2008

and are non-excludable. We provide a characterization of the class of rules satisfying Pareto-efficiency, object …

Persistent link: https://www.econbiz.de/10010316052

The Assumption of Equal Marginal Utility of Income: How Much Does it Matter?

Medin, Hege; Nyborg, Karine; Bateman, Ian - 1998

In most applied cost-benefit analyses, individual willingness to pay is aggregated without using explicit welfare weights. This can be justified by postulating a utilitarian social welfare function, along with the assumption of equal marginal utility of income for all individuals. However, since...

Persistent link: https://www.econbiz.de/10011968012

Combining CGE and microsimulation models: Effects on equality of VAT reforms

Åvitsland, Turid; Aasness, Jørgen - 2004

The effects on the degree of equality of reforms in indirect taxation are analysed by using a microsimulation model of the Norwegian economy subsequent to a CGE model. The two main reforms studied are substitution of a uniform VAT rate on all goods and services and substitution of the...

Persistent link: https://www.econbiz.de/10011968162

The Economics of Climate Policy

Toman, Michael; Kolstad, Charles - 2000

Economics has played an increasingly important role in shaping policy, in the United States and elsewhere. This paper reviews some of the dimensions of the economic approach to analyzing, understanding, and developing solutions to the problem of climate change. We then turn to the issue of...

Persistent link: https://www.econbiz.de/10005442476

The Choice of Discount Rate for Climate Change Policy Evaluation

Goulder, Lawrence H.; Williams, Roberton C. - 2012

Nearly all discussions about the appropriate consumption discount rate for climate change policy evaluation assume that a single discount rate concept applies. We argue that two distinct concepts and associated rates apply. We distinguish between a social-welfare-equivalent discount rate...

Persistent link: https://www.econbiz.de/10010570334

On Equity and Public Pricing in Developing Countries

Mohn, Klaus - 1994

With address to developing countries, this paper derives some formulae for the optimal price structure for publicly provided private goods. A general equilibrium model is examined, which makes it possible to incorporate features like distributional social objectives and public profit constraints...

Persistent link: https://www.econbiz.de/10011967895

From data to levy design. The five stages of implementing housing taxes

Larsen, Erling Røed - 2009

Taxes on housing consumption have attractive features. They can enhance overall efficiency, function as automatic …

Persistent link: https://www.econbiz.de/10011968366

13 + 1: A Comparison of Global Climate Change Policy Architectures

Stavins, Robert; Barrett, Scott; Aldy, Joseph - 2003

global climate change. We employ six criteria to evaluate the policy proposals: environmental outcome, dynamic efficiency …, cost effectiveness, equity, flexibility in the presence of new information, and incentives for participation and compliance … environmental outcome and efficiency, and between cost-effectiveness and incentives for participation and compliance. …

Persistent link: https://www.econbiz.de/10005138478

The Costs and Consequences of Clean Air Act Regulation of CO2 from Power Plants

Burtraw, Dallas; Linn, Joshua; Palmer, Karen; Paul, Anthony - 2014

spending on energy efficiency has smaller effects on average electricity prices than a revenue-raising policy. These approaches …

Persistent link: https://www.econbiz.de/10010770443

Information Aggregation and Adverse Selection

Boukouras, Aristotelis; Koufopoulos, Kostas - 2011

We consider a general economy, where agents have private information about their types. Types can be multi-dimensional and potentially interdependent. We show that, if the interim distribution of types is common knowledge (the exact number of agents for each type is known), then a mechanism...

Persistent link: https://www.econbiz.de/10010329994

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