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Preferences for transport activities are often considered only in terms of time and money. Whilst congestion in automobile traffic increases costs by raising trip durations, the same is less obvious in public transport (PT), especially rail-based. This has lead many economic analyses to conclude...
Persistent link: https://www.econbiz.de/10009735718
To avoid the dangerous consequences of climate change, humans need to overcome two intertwined conflicts. First, they have to deal with an intra-generational conflict that emerges from the allocation of costs of climate change mitigation among different actors of the current generation. Second,...
Persistent link: https://www.econbiz.de/10012844471
In this paper, we consider the problem that a benevolent designer wants to provide a non-excludable public good with a fixed cost to agents with privately known valuations. Adopting utilitarian's point of view, the designer maximizes the ex-ante total utility of all agents. The impossibility...
Persistent link: https://www.econbiz.de/10014157918
The optimal income tax model under the threat of migration is extended to include both indirect taxes and public goods. This has enabled us to check that: 1) optimal income tax rates are higher than in the absence of indirect taxes and, at the top of the skills distribution, may be positive; 2)...
Persistent link: https://www.econbiz.de/10013030432
The goal of this paper is to present an optimal resource allocation model for the regional allocation of public service inputs. The proposed solution leads to maximise the relative public service availability in regions located below the best availability frontier, subject to exogenous budget...
Persistent link: https://www.econbiz.de/10014159133
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We study how the distribution of income among members of society, and income inequality in particular, affects social willingness to pay (WTP) for environmental public goods. We find that social WTP for environmental goods increases with mean income, and decreases (increases) with income...
Persistent link: https://www.econbiz.de/10011440728
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