Search Results - subject:"Implementability"

On the existence of an implementable optimal income tax

Iritani, Jun; Nguyen, Phuc - In: Economic Theory 24 (2004) 2, pp. 447-456

. Furthermore, implementability in previous papers was implicit in individual ability, rather than individual income, as the basis …

Persistent link: https://www.econbiz.de/10005370971

Tax implementability of fair allocations

Nishimura, Yukihiro - In: Review of Economic Design 9 (2004) 1, pp. 31-41

This paper examines the tax implementability of allocations based on fairness as no-envy (or envy-freeness) and its … alternatives, by a tax schedule that depends on labor supply and gross income ((y,l)-implementability). A relevant incentive …-best equity-efficiency trade-off meet the obstacle of tax implementability even when labor supply is observable. We also clarify …

Persistent link: https://www.econbiz.de/10005178677

On Non-responsiveness in Adverse Selection Models with Common Value

Morand, Pierre-Henri; Thomas, Lionel - In: Topics in Theoretical Economics 3 (2003) 1, pp. 1094-1094

In common value models, it is possible that the full information efficiency and the incentive constraint require the quantity of full and asymmetric information to move in opposite directions with the type. This conflict is called non-responsiveness. Most of those models share the features that...

Persistent link: https://www.econbiz.de/10005579552

Implementation in teams

Nandeibam, Shasikanta - In: Economic Theory 22 (2003) 3, pp. 569-581

This paper considers a team production model in which the final output is a function of one or more observable intermediate variables that are functions of the actions of the team members. When there is only one intermediate variable, our model essentially reduces to the standard models in which...

Persistent link: https://www.econbiz.de/10005753451

On Non-responsiveness in Adverse Selection Models with Common Value

Morand, Pierre-Henri; Thomas, Lionel - In: Topics in Theoretical Economics 3 (2003) 1

Persistent link: https://www.econbiz.de/10014589058

Privatizing Social Security

Cooley, Thomas; Soares, Jorge - In: Review of Economic Dynamics 2 (1999) 3, pp. 731-755

This paper studies the political sustainability of the existing pay-as-you-go social security system in the face of recent demographic patterns. We analyze different approaches to privatizing the system and consider what it would require for them to be politically implementable. The analysis is...

Persistent link: https://www.econbiz.de/10005027359