Arbeitspapier

Optimal provision of public goods with rank dependent expected utility

In this paper the theory of rank-dependent expected utility (RDEU) is substituted for the theory of expected utility (EU) in a model of optimal provision of public goods. The substitution generalizes the Samuelson rule, previously modified to include deadweight loss and tax evasion loss.

Language
Englisch

Bibliographic citation
Series: Memorandum ; No. 2003,03

Classification
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Taxation and Subsidies: Efficiency; Optimal Taxation
Tax Evasion and Avoidance
Subject
Tax evasion
optimal taxation
rank dependent expected utility
Steuerflucht
Optimale Besteuerung
Öffentliches Gut
Erwartungstheorie
Nutzen
Theorie

Event
Geistige Schöpfung
(who)
Eide, Erling
Event
Veröffentlichung
(who)
University of Oslo, Department of Economics
(where)
Oslo
(when)
2003

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Eide, Erling
  • University of Oslo, Department of Economics

Time of origin

  • 2003

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