This paper is concerned with the empirical analyses of optimal taxation, adopting Equality of Outcome (EO) as well as Equality of Opportunity (EOp) as evaluation criteria. The EOp- and EO-criteria provide alternative methods for summarizing the efficiency-equality trade-off in the distribution...

This paper seeks to reopen a discussion that the profession has considered settled and closed, namely, the issue of the optimal quantity of a public good to supply. Its focus is on the determination of the optimal quantity to supply of a public good in the Pigovian model as popularized by...

CALPAN is a set of DOS programs for microcomputers, designed to calculate accounting price ratios using input-output techniques. It also serves to calculate domestic resource costs of foreign exchange and other useful preprogrammed operations, as well as to perform arithmetic operations with...

How should benefit-cost analysis account for the value that benevolent individuals place on other people's pleasure from public goods? When adding up the benefits to be compared with costs, should we sum the private valuations, the altruistic valuations, or something else? This paper proposes a...

Some aspects of social choice theory

An optimal control model shows how a jurisdiction can tax tourists in a<BR> way that maximizes its revenues net of its costs in serving tourists: By<BR> relating its tax rate to its popularity with tourists. When its<BR> popularity waxes, it should raise the tax rate; when its popularity<BR> wanes, it should...

Este trabajo analiza las principales debilidades de los actuales regímenes simplificados de tributación a la renta en Chile y propone un nuevo modelo para la tributación dirigido a la pequeña y microempresa (PYME). El diagnóstico indica que los actuales regímenes simplificados son, en...

A version of this paper was published as chapter 13 of the 2005 second edition of The Elgar Companion to Law and Economics (ed. J. Backhaus). This paper is the sequel of chapter 7 of the first edition.

Who will do a job that nobody wants but that someone has to do? The search for a volunteer is modelled as a war of attrition in which everyone is tempted to just wait for someone else to do it. We show that the volunteer will be, ceteris paribus, the individual for whom the benefit/cost ratio of...