Glazer, Amihai (contributor); Kanniainen, Vesa (contributor) - 2008
, University of California — Irvine, Irvine, California 92697, USA
b
Department of Economics, University of Helsinki, Arkadiankatu … individual's utility defined over consumption of goods (x) and elevation (e)is
U ¼ uðxÞþvðeÞ¼lnðxÞþlnðeÞ: ð1Þ
Governments can … s, with all households
having identical utility functions U=ln(x)+ln(s).
7
The result on regressive taxation relates to …