voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged. …

redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo …

redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo …

voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged …

additional limit to redistribution is the fact that even very altruistic agents can deliberately reduce its scope because of its …

Let there be two individuals: "rich," and "poor." Due to inefficiency of the income redistribution policy, if a social …