Due to time-inconsistency or political turnover, policymakers’ promises are not always fulfilled. We analyze an optimal fiscal policy problem where the plans made by the benevolent government are periodically revised. In this loose commitment setting, the properties of labor and capital income taxes are significantly different than under the full-commitment and no-commitment assumptions. Becaus...

Retained loose bodies sometimes remain undetected in the initial evaluation of soft tissue wounds in the emergency room setting, especially if the loose body is localized deep to the skin surface or does not present as a radio-opaque density on radiography. Loose bodies retained in wounds may be associated with significant problems including inflammation, pain, and chronic infection refractory ...

This paper argues for a version of sceptical invariantism about knowledge on which the acceptability knowledge-attributing sentences varies with context assessment.