Welfare Dominance: An Application to Commodity Taxation / Shlomo Yitzhaki, Joel Slemrod.

Format:

Book

Author/Creator:

Yitzhaki, Shlomo.

Contributor:

National Bureau of Economic Research.

Slemrod, Joel.

Series:

Working Paper Series (National Bureau of Economic Research) no. w2451.

NBER working paper series no. w2451

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Welfare Dominance

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1987.

Summary:

In this paper, we suggest a method which enables the user to identify commodities that all individuals who can agree on certain weak assumptions with regard to the social welfare function will agree upon as worth subsidizing or taxing in the absence of efficiency considerations. The method is based on an extension of the stochastic dominance criteria and is illustrated using data from Israel.

Notes:

Print version record

December 1987.