Many scarce public resources are allocated at below-market-clearing prices, and sometimes for free. Such "non-market" mechanisms necessarily sacrifice some surplus, yet they can potentially improve equity. In this paper, we develop a model of mechanism design with redistributive concerns. Agents...

Specialized theoretical and empirical research should in principle be embedded in a unified framework that identifies the relevant interactions among different phenomena, enables an appropriate matching of policy instruments to objectives, and grounds normative analysis in individuals' utilities...

Die ökonomische Föderalismustheorie auf der Basis der Arbeiten von Musgrave und Oates ordnet Verteilungskompetenzen grundsätzlich der Zentralebene zu. Unter Berufung auf diese Arbeiten wird auch die Ausweitung der Verteilungskompetenzen der EG gefordert. An diesen traditionellen...

Specialized theoretical and empirical research should in principle be embedded in a unified framework that identifies the relevant interactions among different phenomena, enables an appropriate matching of policy instruments to objectives, and grounds normative analysis in individuals’...