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Foundations of utilitarianism under risk and variable population
Spears, Dean; Zuber, Stéphane - 2021
Utilitarianism is the most prominent family of social welfare functions. We present three new axiomatic ….'s (1998) Expected Critical-Level Generalized Utilitarianism (ECLGU) is equivalent to a new axiom holding that it is better to … novel characterizations extend classic axiomatizations of utilitarianism from settings with either social risk or variable …
Persistent link: https://www.econbiz.de/10012583668
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A soul's view of the optimal population problem
De la Croix, David; Doepke, Matthias - 2021
A long-standing challenge for welfare economics is to develop welfare criteria that can be applied to allocations with different population levels. Such a criterion is essential to resolve the optimal population problem, i.e., the tradeoff between population size and the welfare of each person...
Persistent link: https://www.econbiz.de/10012493350
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Earmarking and the political support of fat taxes
Cremer, Helmuth; Goulão, Catarina; Roeder, Kerstin - 2015
A fat and a healthy good provide immediate gratification, and cause health costs or benefits in the long run, which are misperceived. Additionally, the fat good (healthy good) increases (decreases) health care costs by increasing (decreasing) the probability of suffering from a chronic disease...
Persistent link: https://www.econbiz.de/10011336980
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Are two tax rates better than one?
FitzRoy, Felix R.; Jin, Jim Y. - 2009
Should two-band income taxes be progressive given a general income distribution? We provide a negative answer under utilitarian and max-min welfare functions. While this result clarifies some ambiguities in the literature, it does not rule out progressive taxes in general. If we maximize total...
Persistent link: https://www.econbiz.de/10003845516
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Bottom-up policies trump top-down missions
Henrekson, Magnus; Stenkula, Mikael - 2023
entrepreneurship requires many other actors - besides the entrepreneur - whose skills and abilities are necessary to realize an … framework that levels the playing field for potential entrepreneurs and encourages productive entrepreneurship. To promote this … foster innovation and, in the end, the welfare-enhancing productive entrepreneurship policymakers and scholars strive for. …
Persistent link: https://www.econbiz.de/10014390536
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Welfare in models of trade with heterogeneous firms
Janiak, Alexandre (contributor) - 2008
I illustrate that the welfare improvement property of the Melitz model is due to the shape of the aggregate labor demand curve, which slopes upwards. By slightly changing some assumptions in the model, this curve may have a negative slope. In this case, increases in aggregate productivity result...
Persistent link: https://www.econbiz.de/10003771871
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Understanding Pareto inefficient intrahousehold allocations
Akresh, Richard (contributor) - 2005
Udry (1996) uses household survey data and finds that the allocation of resources within households is Pareto … years, households try to avoid losses from Pareto inefficiency. -- intrahousehold allocation ; collective household models …
Persistent link: https://www.econbiz.de/10003287812
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Occupational choice, aggregate productivity, and trade
Meckl, Jürgen; Weigert, Benjamin - 2011
We propose occupational decisions of heterogeneous individuals as an alternative mechanism of explaining the distribution of firm productivities emphasized by empirical studies. Thus, we integrate the frameworks of Melitz (2003), and of Manasse and Turrini (2001) that establish the theoretical...
Persistent link: https://www.econbiz.de/10009230184
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Unemployment compensation and the allocation of labor in developing countries
Charlot, Olivier; Malherbet, Franck; Ulus, Mustafa - 2013
pervasive informality. We provide a simple framework to analyze the impact of UC on the allocation of workers between formal and … informal activities, as well as the allocation of workers between sectors featuring different incentives to go informal. We …
Persistent link: https://www.econbiz.de/10009717080
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Optimal spatial taxation : are big cities too small?
Eeckhout, Jan; Guner, Nezih - 2015
We analyze the role of optimal income taxation across different local labor markets. Should labor in large cities be taxed differently than in small cities? We find that a planner who needs to raise revenue and is constrained by free mobility of labor across cities does not choose equal taxes...
Persistent link: https://www.econbiz.de/10010470412