concerning the health effects of the consumption of fat and of healthy goods. The level of the fat tax is determined through … majority voting. Individuals vote according to their misperceived utility function. Consequently, excessive fat consumption is … fraction of the fat tax proceeds is "earmarked" to reduce health insurance premiums while the remaining fraction finances a …

concerning the health effects of the consumption of fat and of healthy goods. The level of the fat tax is determined through … majority voting. Individuals vote according to their misperceived utility function. Consequently, excessive fat consumption is … fraction of the fat tax proceeds is “earmarked” to reduce health insurance premiums while the remaining fraction finances a …

Pigovian tax. In particular, earmarking prevails and actual taxes are usually combined with regulation. Furthermore tax rates … explain these design parameters: the tax rate, earmarking pattern and whether the tax is combined with a regulation. An … incumbent government selects these parameters under the influence of a green and a polluters' lobby groups. An earmarked tax is …

overestimate their 5-year risks of a heart attack and a stroke. Obese individuals are thus aware of some but not all obesity …

Expected Utility theory is not only applied to individual choices but also to ethical decisions, e.g. in cost … EU theory is able to deal with 'catastrophic risks', i.e. risks of high, but very unlikely losses, in an ethically … appealing way. In this paper we show that this is not the case. Rather, if in the framework of EU theory a plausible level of …

We impose a horizontal equity restriction on the problem of finding the optimal utilitarian tax mix. The horizontal … by the tax system, and that a good that normally should be discouraged by the tax system need not be taxed at a positive … rate even if the economy is composed of only two private commodities plus leisure. Similarly, the marginal effective tax …

of others, the optimal income distribution under utilitarianism is equality of incomes. …

Amartya Sen has advanced a number of distinct arguments against utilitarianism and 'utility'-based views more generally …