Landskroner, Yoram; Paroush, J; Swary, Itzhak - In: Public Finance = Finances publiques 45 (1990) 3, pp. 409-22
This paper extends the literature on tax evasion under uncertainty by considering not only the uncertain prospect of an audit, but also a risky capital asset. Tax evasion is considered as a risky investment and the decision about it is part of a portfolio decision of the individual. The...
