Showing 1 - 4 of 4
<Para ID="Par1">Is there a trade-off between people’s preference for income equality and income mobility? Testing for the existence of such a trade-off is difficult because mobility is a multifaceted concept. We analyse results from a questionnaire experiment based on simple precise concepts of income...</para>
Persistent link: https://www.econbiz.de/10011151959
Persistent link: https://www.econbiz.de/10005004273
In this note I consider a simple proof of Arrow's Impossibility Theorem (Arrow 1963). I start with the case of three individuals who have preferences on three alternatives. In this special case there are 133=2197 possible combinations of the three individuals' rational preferences. However, by...
Persistent link: https://www.econbiz.de/10005752872
In this paper, we expound the idea that horizontal inequity (HI) in different tax systems be compared by transplanting the HI from one tax system into the other, as a mapping between its pre- and post-tax living standard distributions, and then applying known results to compare the extent of...
Persistent link: https://www.econbiz.de/10005147223