Welfare Dominance: An Application to Commodity Taxation
提出一种方法,识别在特定社会福利函数弱假设下所有人都赞成的商品税改革,基于二阶随机占优准则的扩展,并用以色列数据说明。
In this paper, the authors propose a method to identify commodity-tax changes that will be favored by all individuals who can agree on certain weak assumptions with regard to the social-welfare function. The method is based on an extension of the criterion of second-degree stochastic dominance and is illustrated using data from Israel. Copyright 1991 by American Economic Association.