We consider a revelation mechanism for the production of public goods. A sample of consumers is drawn at random. Each member of the sample is asked to reveal her(his) preferences; agents are subjected to transfers of the Groves class; and any surplus of taxes collected on sampled agents is...

To evaluate pension reforms in public services, we put forward a simple criterion, the actuarial cost of a worker, per year of service. This measure of cost is the expected, discounted sum of net real wages and pension benefits, earned by a worker over his entire life cycle, divided by the...

To evaluate pension reforms in public services, we put forward a simple criterion, the actuarial cost of a worker, per year of service. This measure of cost is the expected, discounted sum of net real wages and pension benefits, earned by a worker over his entire life cycle, divided by the...