Theoretical progress in public economics: A provocative assessment
AbstractThe following twelve issues are each briefly discussed: the blindness of the invisible hand to injustice; a misleading efficiency theorem; truthful revelation of feasibility constraints; delusions of first best; deadweight losses as sunk costs; markets as failures; the nth best as enemy of the good; intermonetary comparisons of gains and losses; few worthwhile changes are small; surplus economics; surplus econometrics; and unbalanced policies. Unbalanced policy changes should be evaluated by estimating the probabilities of different joint frequency distributions of welfare relevant attributes and welfare net gains for all individuals in the population, together with the budget deficit or surpluses. Copyright 1990 by Royal Economic Society.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by University of Bonn, Germany in its series Discussion Paper Serie A with number 171.
Date of creation: May 1988
Date of revision:
Contact details of provider:
Postal: Bonn Graduate School of Economics, University of Bonn, Adenauerallee 24 - 26, 53113 Bonn, Germany
Fax: +49 228 73 6884
Web page: http://www.bgse.uni-bonn.de/index.php?id=517
Welfare economics; Public finance; Critisism;
Other versions of this item:
- Hammond, Peter J, 1990. "Theoretical Progress in Public Economics: A Provocative Assessment," Oxford Economic Papers, Oxford University Press, vol. 42(1), pages 6-33, January.
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Sureth, Caren & Voß, Armin, 2005. "Investitionsbereitschaft und zeitliche Indifferenz bei Realinvestitionen unter Unsicherheit und Steuern," arqus Discussion Papers in Quantitative Tax Research 2, arqus - Arbeitskreis Quantitative Steuerlehre.
- Rolf Aaberge & Ugo Colombino, 1998. "Social Evaluation of Individual Welfare Effects from Income Taxation Empirical Evidence Based on Italian Data for Married Couples," Discussion Papers 230, Research Department of Statistics Norway.
- Boadway, Robin, 1999. "Le rôle de la théorie de l’optimum du second rang en économie publique," L'Actualité Economique, Société Canadienne de Science Economique, vol. 75(1), pages 29-65, mars-juin.
- Yuxin Du, 2011. "A Bibliometrics Portrait of Chinese Research through the Lens of China Economic Review. A research proposal," Economics and Management Research Projects: An International Journal, Open Access International Journals, vol. 1(1), pages 79-91, December.
- Forder, Julien, 1997. "Contracts and purchaser-provider relationships in community care," Journal of Health Economics, Elsevier, vol. 16(5), pages 517-542, October.
- Hege Medin & Karine Nyborg & Ian Bateman, 1998.
"The Assumption of Equal Marginal Utility of Income: How Much Does it Matter?,"
241, Research Department of Statistics Norway.
- Medin, Hege & Nyborg, Karine & Bateman, Ian, 2001. "The assumption of equal marginal utility of income: how much does it matter?," Ecological Economics, Elsevier, vol. 36(3), pages 397-411, March.
- Steinar Strøm & Elin Wiig, 1995. "Attacks on the Welfare State," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 22, pages 163-172.
- Gries, Thomas & Prior, Ulrich & Sureth, Caren, 2007. "Taxation of risky investment and paradoxical investor behavior," arqus Discussion Papers in Quantitative Tax Research 26, arqus - Arbeitskreis Quantitative Steuerlehre.
- Pierre Pestieau, 1994. "The current state and future directions of public finance," International Tax and Public Finance, Springer, vol. 1(2), pages 169-174, October.
- Wilfried Pauwels, 1993. "The implicit welfare weights used when maximizing aggregate surplus," Journal of Economics, Springer, vol. 57(3), pages 261-277, October.
- Roed, Knut & Strom, Steinar, 2002.
" Progressive Taxes and the Labour Market: Is the Trade-Off between Equality and Efficiency Inevitable?,"
Journal of Economic Surveys,
Wiley Blackwell, vol. 16(1), pages 77-110, February.
- Roed,K. & Strom,S., 1999. "Progressive taxes and the labour market : is the trade-off between equality and efficiency inevitable?," Memorandum 19/1999, Oslo University, Department of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (BGSE Office).
If references are entirely missing, you can add them using this form.