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http://hdl.handle.net/11718/1573Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Lahiri, Somdeb | - |
| dc.date.accessioned | 2010-03-24T08:49:17Z | - |
| dc.date.available | 2010-03-24T08:49:17Z | - |
| dc.date.copyright | 1992-08 | - |
| dc.date.issued | 2010-03-24T08:49:17Z | - |
| dc.identifier.uri | http://hdl.handle.net/11718/1573 | - |
| dc.description.abstract | In this paper we propose a mechanism which decentralizes the creation of economic inequality. A personalized price for the public good/bad (i.e. economic inequality), determines the choice of disposable income by an individual. A perfect foresight equilibrium is defined, and a vector of prices which supports a utilitarian optimal solution is obtained. A by product of our analysis, is an income tax profile for the individuals which is compatible with decentralized distributive justice. | en |
| dc.language.iso | en | en |
| dc.relation.ispartofseries | WP;1992/1050 | - |
| dc.subject | economic inequality | en |
| dc.title | Pricing economic inequality | en |
| dc.type | Working Paper | en |
| Appears in Collections: | Working Papers | |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| WP 1992_1050.pdf | 151.22 kB | Adobe PDF | View/Open |
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