Showing 1 - 10 of 15
We study incentive compatible profit-sharing rules when output (or profit) is obtained via the joint use of a technology exhibiting decreasing marginal returns. The incentives compatibility criterion we adopt is that of strategy-proofness (SP), arguably the most robust and the most demanding...
Persistent link: https://www.econbiz.de/10009441868
This thesis consists of three essays. In the first two essays we assume that the wife earns a lower wage rate than the husband and we analyze intrafamily distributional effects if environmental parameters such as the tax system or divorce regulations change. The third essay evaluates the...
Persistent link: https://www.econbiz.de/10009441921
We construct a tax competition model in which local governments finance business public services with either a source-based tax on mobile capital, such as a property tax, or a tax on production, such as an origin-based Value Added Tax, and then assess which of the two tax instruments is more...
Persistent link: https://www.econbiz.de/10011987859
Implementing a project, like a nationwide nuclear waste disposal, which benefits all involved agents but brings major costs only to the host is often problematic. In practice, revelation issues and redistributional concerns are significant obstacles to achieving stable agreements. We address...
Persistent link: https://www.econbiz.de/10015216675
The siting of public facilities, such as prisons, airports or incinerators for hazardous waste typically faces social rejection by local populations (the "NIMBY" syndrome, for Not In My BackYard). These public goods exhibit a private bad aspect which creates an asymmetry: all involved...
Persistent link: https://www.econbiz.de/10015216676
We envision the creation of a climate liability market to address climate change. Each period, countries are issued liability commensurate to their emissions of the period. Liability bearers are required to pay over time, as climate harm materializes. Revenues are used to compensate...
Persistent link: https://www.econbiz.de/10015262304
We envision the creation of a climate liability market to address climate change. Each period, countries are issued liability commensurate to their emissions of the period. Liability bearers are required to pay over time, as climate harm materializes. Revenues are used to compensate...
Persistent link: https://www.econbiz.de/10015263758
We introduce the concept of negative extremal transfers (NETs), which are transfers from the poorest individuals to the richest individuals. This family of transfers alone is rich enough to describe the entire space of income distributions: our first result is that any income distribution can be...
Persistent link: https://www.econbiz.de/10015267673
We introduce needs in the rate-setting problem for essential services, like water or electricity. The goal is to ensure that households with higher needs are not penalized, all the while holding them responsible for their consumption. We show that conventional methods like monetary subsidies...
Persistent link: https://www.econbiz.de/10015270857
We propose a new climate policy that is efficient, robust, and asks for payments proportional to realized climate damage. In each period, countries are made liable for their share of the responsibility in the current damage. Efficiency follows from countries' anticipations of climate change,...
Persistent link: https://www.econbiz.de/10015237003