absence of complete information about individual characteristics, an income tax does not allow distinguishing lazy from …

reasonable specification. It has some foundation in the theory of responsibility; further, unlike the other specifications it …

planner by the use of randomization can in some circumstances induce individuals to reveal information about the curvature of … their utility functions and then use the information to move away from equality on average. However, whether this is optimal …

enforcement policy. A monopolist produces an information good (involving a 'large' development cost and a 'small' reproduction …