Trandel, Gregory A. - In: The Journal of Economic Education 34 (2003) 1, pp. 54-59
<title>Abstract</title> Excess burden is a key concept in the field of public economics, and the authors of most public finance textbooks describe more than one way to measure it. Excess burden can, for example, be viewed as the area of a triangle underneath a demand curve or as the value of a mathematical...