We study the interdependence of optimal tax and expenditure policies. An optimal policy requires that information on preferences is made available. We first study this problem from a general mechanism design perspective and show that efficiency is possible only if the individuals who decide on...

Für die Fußball-Weltmeisterschaft 2006 wurde ein Vielfaches der verfügbaren Karten bestellt. Welche dieser Bestellungen zum Zuge kommen, wurde nun Mitte April per Losverfahren entschieden. Ist diese Allokation der Karten effizient? Welche Motive bestimmten diese Verkaufsstrategie?

We study the interdependence of optimal tax and expenditure policies. An optimal policy requires that information on preferences is made available. We first study this problem from a general mechanism design perspective and show that efficiency is possible only if the individuals who decide on...

We study the interdependence of optimal tax and expenditure policies. An optimal policy requires that information on preferences is made available. We first study this problem from a general mechanism design perspective and show that efficiency is possible only if the individuals who decide on...