Similar Search Results

A note on efficiency VS : distributional equity in legal rulemaking ; should distributional equity matter given optimal income taxation?

Shavell, Steven - 1980

Persistent link: https://www.econbiz.de/10001533330

Taxation

Kaplow, Louis - In: Handbook of Law and Economics

This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation--notably, raising revenue, redistributing income, and correcting externalities--and the mapping between these functions and various forms...

Persistent link: https://www.econbiz.de/10005227966

Optimal cleanup and liability after environmentally harmful discharges

Polinsky, Alan Mitchell; Shavell, Steven - 1992

Persistent link: https://www.econbiz.de/10000136771

Corrective taxation versus liability

Shavell, Steven - 2010

"Abstract: Taxation and liability are compared here as means of controlling harmful externalities. It is emphasized that liability has an advantage over taxation: inefficiency of incentives arises under taxation when, as would be typical, it would be impractical for a tax to reflect all...

Persistent link: https://www.econbiz.de/10003995048

The corrective tax versus liability as solutions to the problem of harmful externalities

Shavell, Steven - 2010

harmful externalities, its actual use has been limited, mainly to the domain of pollution. Liability, in contrast, has great … importance in controlling harmful externalities. I compare the tax and liability here in theory and suggest that the conclusions … help to explain the observed predominance of liability over taxation, except in the area of pollution. The following …

Persistent link: https://www.econbiz.de/10003995053