Camacho Cuena, Eva; Neugebauer, Tibor; Seidl, Christian - 2005
form, leaky-bucket transactions trace out the maximum "leakage" of transaction costs before income inequality is … transferee in order to keep the degree of income inequality or social welfare intact. However, in general, this conjecture is … inequality measures and their associated social welfare functions shows poor empirical evidence. Subjects' perceptions to …