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Optimal Control of Externalities in the Presence of Income Taxation

Kaplow, Louis - Suntory and Toyota International Centres for Economics … - 2010

A substantial literature examines second-best environmental policy, focusing particularly on how the Pigouvian directive that marginal taxes should equal marginal external harms needs to be modified in light of the preexisting distortion due to labor income taxation. Additional literature is...

Persistent link: https://www.econbiz.de/10008838683

Is Fairness in the Eye of the Beholder? An Impartial Spectator Analysis of Justice

Konow, James - Volkswirtschaftliche Fakultät, … - 2006

. This study, on the other hand, seeks to establish evidence on unbiased justice and to propose and demonstrate a general … approach for measuring impartial views empirically. Most normative justice theories associate impartiality with limited … between consensus and impartiality, this paper seeks to help lay an empirical foundation for welfare analysis, social choice …

Persistent link: https://www.econbiz.de/10005623557

Chapter Twenty-Four. Freedom, Opportunity, and Well-Being

Foster, James E. - In: Handbook of social choice and welfare : volume 2, (pp. 687-728). 2011

This paper reexamines key results from the measurement of opportunity freedom , or the extent to which a set of options offers a decision maker real opportunities to achieve. Three cases are investigated: no preferences, a single preference, and plural preferences. The three corresponding...

Persistent link: https://www.econbiz.de/10014025184

Risk, wellbeing and public policy

Banerjee, Subho; Ewing, Robert - In: Economic Roundup (2004) 2, pp. 21-44

This article explores the relationship between risk and wellbeing, and the implications for public policy. Risk is an important dimension of wellbeing in its own right. People have different risk preferences, so policies to improve the match between preferences and risk actually borne have the...

Persistent link: https://www.econbiz.de/10010784754

Freedom, Opportunity and Wellbeing

Foster, James E. - Institute for International Economic Policy (IIEP), … - 2010

This paper reexamines key results from the measurement of opportunity freedom, or the extent to which a set of options offers a decision maker real opportunities to achieve. Three cases are investigated: no preferences, a single preference, and plural preferences. The three co the cardinality...

Persistent link: https://www.econbiz.de/10010615413

Power, Fairness and Constrained Choice in Agricultural Markets : A Synthesizing Framework

Hendrickson, Mary; James, Jr., Harvey S. - 2016

argue that constraining or limiting choices — both in number and in their type — violates principles of justice. Importantly …

Persistent link: https://www.econbiz.de/10014129509

Bargaining Under Incomplete Information, Fairness, and the Hold-Up Problem

von Siemens, Ferdinand - 2011

In the hold-up problem incomplete contracts cause the proceeds of relationship-specific investments to be allocated by bargaining. This paper investigates the corresponding investment incentives if individuals have heterogeneous fairness preferences. Individual preferences are taken to be...

Persistent link: https://www.econbiz.de/10014051881

Hold-up induced by demand for fairness : theory and experimental evidence

Raghabendra Pratap KC; Lauga, Dominique; Mak, Vincent - In: Theory and decision : an international journal for … 94 (2023) 4, pp. 721-750

Persistent link: https://www.econbiz.de/10014291725

Efficiency of Agrarian Governance in Bulgaria

Bachev, Hrabrin - 2018

Empirical studies on efficiency of the governance system in agriculture are very rare. That is a consequence of both … theoretical and practical challenges. The criteria and approach for assessing social efficiency are still debated while … available. This is a first attempt for a comprehensive empirical study on the efficiency of the system of agrarian governance in …

Persistent link: https://www.econbiz.de/10012923357

Institutional and Transaction Costs Analysis of Evolution, Efficiency and Sustainability of Farm Structures in Bulgaria

Bachev, Hrabrin - 2008

technological factors; comparative efficiency of alternative market, contract, internal, and hybrid modes of governance; farm as a … readiness to implement EU CAP. Third, pace of evolution, and "high" efficiency and sustainability of dominating agro … kind commercial farms are identified, and their comparative efficiency assessed. Fifth, feasible pace of CAP implementation …

Persistent link: https://www.econbiz.de/10014053222