, redistribution. Amongst the themes are: the potential usefulness of apparently inefficient policy instruments in overcoming the self …-selection constraints on redistribution and limiting the damage that ill-intentioned policymakers can do; the continued (perhaps increased … redistribution may plausibly generate efficiency gains, the likelihood that some trade-off between equity and efficiency is …

phaseout rates, the uniform redistribution policy is undesirable unless the redistributive tastes of the government are extreme …

In this paper we deal with voluntary and compulsory redistribution in an economy where the enforcement of property … equilibrium. We were able to show the following results: (i) In some situations Pareto-improving redistribution occurs voluntarily …

The purpose of this paper is twofold. We first develop a contractarian theory of redistribution. The existence of rules … of redistribution is explained without any recourse to the risk-aversion of individuals. Hence, we depart from the … standard legitimization of redistribution as fundamental insurance and interpret it as stemming from a principle of reciprocity …