We consider a model in which business public services must be financed with either a source-based tax on mobile capital, such as a property tax, or a tax on production, such as an origin-based VAT and assess which of the two tax instruments is more efficient. In general, both a capital tax and a...

We assume like Bergstrom (1989) and Dijkstra (2007) that each child’s utility is treated as a normal good in the altruistic head’s utility function, and show that if utility functions lead to Almost Transferable Utility children can manipulate the tradeoff between their own utility and the...

While many theoretical works, particularly in Family Economics, rely on the Transferable Utility (TU) assumption, its exact implications in terms of individual preferences have never been fully worked out. In this paper, we provide a set of necessary and sufficient conditions for a group to...

We model the decision of a junior faculty member where to send publications at various points along the tenure track. A single paper arrives exogenously at the start of each of three periods before the tenure decision is made. The researcher has the choice of submitting each paper to either a...