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Hochman and Rodgers on Brennan and Walsh: Reply

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  • Geoffrey Brennan
  • Cliff Walsh

Abstract

Harold Hochman and James Rodgers' response to our reconsideration of their discussion of Paretian redistribution indicates that their model and ours are quite distinct. However, the differences emerge from a number of assumptions that had not been explicitly raised in their earlier discussions of the model; and while these assumptions are not implausible, it is not clear that systematic analysis of them would yield the sort of redistributive patterns that their formal models have produced. Moreover, their response totally misinterprets our comments on the transfer-elasticity concept (which we argue obscures aspects of the transfer process which have an important bearing on the final redistributive pattern), and on the normative significance of the notion of Pareto desirable redistribution (which we believe to be less than H&R. have suggested).

Suggested Citation

  • Geoffrey Brennan & Cliff Walsh, 1974. "Hochman and Rodgers on Brennan and Walsh: Reply," Public Finance Review, , vol. 2(3), pages 383-392, July.
    • Handle: RePEc:sae:pubfin:v:2:y:1974:i:3:p:383-392
    DOI: 10.1177/109114217400200307
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    References listed on IDEAS

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    1. Edgar Olsen, 1969. "A normative theory of transfers," Public Choice, Springer, vol. 6(1), pages 39-58, March.
    2. T. C. Schelling, 1967. "The Strategy of Inflicting Costs," NBER Chapters, in: Issues in Defense Economics, pages 105-127, National Bureau of Economic Research, Inc.
    3. William Vickrey, 1962. "One Economist's View of Philanthropy," NBER Chapters, in: Philanthropy and Public Policy, pages 31-56, National Bureau of Economic Research, Inc.
    4. Hochman, Harold M & Rodgers, James D, 1970. "Pareto Optimal Redistribution: Reply," American Economic Review, American Economic Association, vol. 60(5), pages 997-1002, December.
    5. Geoffrey Brennan, 1973. "Pareto desirable redistribution: The non-altruistic dimension," Public Choice, Springer, vol. 14(1), pages 43-67, March.
    6. Hochman, Harold M & Rodgers, James D, 1969. "Pareto Optimal Redistribution," American Economic Review, American Economic Association, vol. 59(4), pages 542-557, Part I Se.
    7. Frank G. Dickinson, 1962. "Philanthropy and Public Policy," NBER Books, National Bureau of Economic Research, Inc, number dick62-1, March.
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