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An instrumental-variables approach to income redistribution

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Abstract

When individuals participate in the process that determines their own redistributive obligations and claims, biased outcomes can be expected. This bias can be substantially eliminated by partitioning the collectivity into groups that set one another's redistributive obligations in a cycle.

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Authors and Affiliations

  1. Department of Economics, Virginia Polytechnic Institute and State University, 24061, Blacksburg, VA

    T. Nicolaus Tideman

  2. Department of Economics, Nicholls State University, 70310, Thibodaux, LA

    R. Morris Coats

Authors
  1. T. Nicolaus Tideman
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  2. R. Morris Coats
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Tideman, T.N., Coats, R.M. An instrumental-variables approach to income redistribution. Public Choice 52, 187–192 (1987). https://doi.org/10.1007/BF00123876

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  • DOI: https://doi.org/10.1007/BF00123876

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