Showing 1 - 10 of 21
We characterize a measure of social welfare for linear production economies in which individuals differ in productive skills and preferences. The key feature of our measure is that it aggregates fairness gaps, defined as the difference between the money-metric utility that the individual...
Persistent link: https://www.econbiz.de/10013503361
Persistent link: https://www.econbiz.de/10010513814
Persistent link: https://www.econbiz.de/10001468601
Persistent link: https://www.econbiz.de/10003849581
Persistent link: https://www.econbiz.de/10003650049
We study fair and efficient tax-benefit schemes based on income and non-income factors under partial control. Partial control means that each factor is a specific mixture of unobserved ability (randomly drawn by nature) and effort (chosen by individuals who differ in tastes). Factors differ in...
Persistent link: https://www.econbiz.de/10010229894
Persistent link: https://www.econbiz.de/10015104548
Persistent link: https://www.econbiz.de/10001426990
Persistent link: https://www.econbiz.de/10000990009
Persistent link: https://www.econbiz.de/10000029953