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This article introduces the reader to the full range of William Vickrey's contributions to economics from a public policy perspective. It is organized in similar manner to the book Public Economics: Selected Papers by William Vickrey; it examines Vickrey's public policy contributions to social...
Persistent link: https://www.econbiz.de/10005711313
Consider an atomistic developer who decides when and at what density to develop his land, under a property value tax system characterized by three time-invariant tax rates: τ<Subscript> V </Subscript>, the tax rate on pre-development land value; τ<Subscript> S </Subscript>, the tax rate on post-development residual site value; and τ<Subscript> K </Subscript>,...</subscript></subscript></subscript>
Persistent link: https://www.econbiz.de/10005711346