Serious research into the causes and implications of an aging population is a relatively recent phenomenon. Though several relevant issues of aging havereceived considerable attention in public and political discussions (especially in European countries and in Japan), the economics profession is...

§ 1 Introduction -- § 2 Theoretical foundations of allocation policy -- 1. Benefit-cost analysis and consumer surplus -- 2. Partial versus general microeconomic analysis -- 3. The quantitative importance of allocative efficiency -- § 3 Marginal-cost pricing -- 1. Economic interpretation of...

This book contains 15 selected and revised papers presented at a conference in Neresheim, West Germany, in June 1986. Prof. H.W. Sinn writes in his introduction to the book: "The common topic is measurement of welfare, both from efficiency and from equity perspectives. For many economists,...

The economics of progressive taxation have been a research topic ever since economists have dealt with the economic role of the state. Old puzzles are the best: the theoretical underpinning of progressivity still is not fully convincing, even after 200 years of economic research. In the present...