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Information Incentives and Performance

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Efficiency and Equity in Welfare Economics

Part of the book series: Lecture Notes in Economics and Mathematical Systems ((LNE,volume 661))

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Abstract

Is there any practical meaning in the theory up to now proposed, mainly with respect to the possibility of the P.A. designing an incentive scheme that is both equitable and efficient? The issues to consider are two: the standard problem of designing an equitable taxation scheme, and the matter of incentives to induce agents to reveal their true productivity potential.

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Notes

  1. 1.

    On designing incentive schemes, see Reiter (1986).

  2. 2.

    Progressive income taxes have been studied by Lambert (1999) to verify their redistributive effects.

  3. 3.

    On this one can consult Reiter (1986), Maskin and Sjöström (2002), and their bibliographies.

References

  • Lambert PJ (1999) Redistributional effects of progressive income taxes. In: Silber J (ed) Handbook of income inequality measurement. Kluwer Academic, Boston, pp 485–509

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  • Maskin E, Sjöström T (2002) Implementation theory. In: Arrow KJ, Sen AK, Suzumura K (eds) Handbook of social choice and welfare, vol 1. North-Holland, Amsterdam, pp 237–288

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  • Reiter S (1986) Informational incentive and performance in the new2 welfare economics. In: Reiter S (ed) Studies in mathematical economics. Washington DC, The Mathematical Association of America

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  • Remzi Sanver M (2006) Nash implementing non-monotonic social choice rules by awards. Econ Theor 28:453–460

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Nicola, P. (2013). Information Incentives and Performance. In: Efficiency and Equity in Welfare Economics. Lecture Notes in Economics and Mathematical Systems, vol 661. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-30071-4_6

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  • DOI: https://doi.org/10.1007/978-3-642-30071-4_6

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-30070-7

  • Online ISBN: 978-3-642-30071-4

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