Abstract This paper addresses how a Leviathan government taxes income if the earning potential is private information. complements normative analyses in tradition of Mirrlees (1971). Taxes increase with respect to (potential and actual since taxation lowers observed earnings). However, accounting for agent’s information, average (tax per income) decline efficient types zero marginal tax at top....

Abstract Although scholars have generally treated Ugaritic ltn as a cognate of Hebrew liwyātān , the vocalization this word and its relationship to form remain debated. In article, we will argue that should be vocalized /lītan-/ derive from Proto-Northwest Semitic *lawiy-(a)t-an- through series attested sound changes. We also discuss morphology * lawiy-(a)t-an- syntax Northwest formula *lawiy(a...

the introductory issue of the journal of financial research contains six articles in farsi and one in english. it also offers a glossary of financial terminology. the first article deals with the efficient capital market hypothesis , and is authored by dr. ali jahankhani & hussein abdoh tabrizi. it explains the concept and theories of capital market efficiency and their historical development i...

J.D., Harvard Law School, 1969. A version of Part II of this article appeared in Issues in Science and Technology, Fall 2003. ** Professor of Law and Professor of Psychology, Arizona State University. B.A., B.S, Pennsylvania State University, 1969; M.A., Ohio State University, 1972; Ph.D., Ohio State University, 1975; M.S.L., Yale Law School, 1989. The authors would like to thank Ron Allen and ...

Abstract Hobbes treats individual property as regulated by stable law, yet dependent on the arbitrary will of sovereign. In this paper I catalogue different definitions present in his main political and legal works – The Elements Law (1640), De Cive (1642, 2nd ed. 1647), Leviathan (1651) A Dialogue between a philosopher student (1681) with aim showing how he attempted to square those commitment...

This paper re-examines the dispute concerning Hobbes’s religious beliefs in light of his natural philosophy. First, I argue that atheistic readings Hobbes can be more plausibly defended provided interpreters make use a methodological unity thesis. Second, suggest theistic readers have good reason to favor autonomy conclude by highlighting how re-examination theism motivates reconsideration role...