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Resource egalitarianism and welfare egalitarianism are two focal conceptions of distributive justice. We show in this paper that they share a solid common ground. To do so, we analyze a simple model of resource allocation in which agents’ abilities (to transform the resource into an...
Persistent link: https://www.econbiz.de/10009644864
We study optimal wage schemes for teams, under the presence of budget constraints, in a model in which agents’ effort decisions are mapped into the probability of the team’s success. We show that (first-best) efficiency can only be attained with complex contracts that are vulnerable to ex...
Persistent link: https://www.econbiz.de/10009644868
We analyze the problem of choosing the most appropriate method for apportioning taxes in a democracy. We consider a simple model of taxation and restrict our attention to piece-wise linear tax methods, which are almost ubiquitous in advanced democracies worldwide. In spite of facing an...
Persistent link: https://www.econbiz.de/10008561025
We provide a general coalitional procedure that characterizes a family of rules for bankruptcy problems inspired by the Talmud.
Persistent link: https://www.econbiz.de/10008764893
This article studies a model of coalition formation for the joint production (and finance) of public projects, in which agents may belong to multiple coalitions. We show that, if projects are divisible, there always exists a stable (secession-proof) structure, i.e., a structure in which no...
Persistent link: https://www.econbiz.de/10008764895
This paper reports an experimental study on three well-known solutions for problems of adjudicating conflicting claims: the constrained equal awards, the proportional, and the constrained equal losses rules. We first let subjects play three games designed such that the unique equilibrium...
Persistent link: https://www.econbiz.de/10008467118
We investigate the implications and logical relations between progressivity (a principle of distributive justice) and merging-proofness (a strategic principle) in taxation. By means of two characterization results, we show that these two principles are intimately related, despite their different...
Persistent link: https://www.econbiz.de/10008467119
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