Fiscal efficiency, redistribution and welfare
نویسندگان
چکیده
منابع مشابه
Efficiency and the Redistribution of Welfare
We examine how the relation between individual and social utility affect the efficiency of game-theoretic solution concepts. We first provide general results for monotone utility-maximization games, showing that if each player’s utility is at least his marginal contribution to the welfare, then the social welfare in any Strong Nash Equilibrium is at least half of the optimal. The efficiency deg...
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Because it taxes and spends, the welfare state is by definition redistributive, but this does not automatically entail that it creates more equality. A quick historical glance at social reform will dispel of any notion that the welfare state was pursued for egalitarian reasons. Its foundations were typically laid by conservative reformers who, like Bismarck, sought primarily to reproduce, rathe...
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The economic literature on “optimal income taxation” addresses the question of how to design tax and transfer policy so as to maximize “social welfare,” which is some function of the wellbeing of all members of society. It clarifies how the social-welfare-maximizing policy depends on one’s philosophy of distributive justice, and on empirical evidence about the behavioral response to incentives,...
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ژورنال
عنوان ژورنال: Economic Modelling
سال: 2014
ISSN: 0264-9993
DOI: 10.1016/j.econmod.2014.05.034