Simula, Laurent; Trannoy, Alain - Groupement de Recherche en Économie Quantitative … - 2008
Simula and Trannoy (2007) have shown that ELIE is confronted with implementation issues when the policymaker cannot observe the time worked by every individual. This paper tries to fix this problem. To this aim, it characterizes the second-best allocations which are the closest to ELIE (i) in...