Arbeitspapier
Optimal income taxation, public goods provision and robust mechanism design
This paper extends the model of optimal income taxation due to Mirrlees (1971) and includes private information on public goods preferences. A mechanism design approach is used to establish the following result: If policies are required to be robustly implementable in the sense of Bergemann and Morris (2005), then the optimality conditions in the extended model with uncertainty about tax and expenditure policies, are the same as in the standard model of optimal income taxation. The paper provides a foundation for a widely used assumption in public nance, namely that individuals optimize their behaviour subject to a predetermined and commonly known tax system.
- Sprache
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Englisch
- Erschienen in
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Series: Preprints of the Max Planck Institute for Research on Collective Goods ; No. 2008,31
- Klassifikation
-
Wirtschaft
Social Choice; Clubs; Committees; Associations
Asymmetric and Private Information; Mechanism Design
Taxation and Subsidies: Efficiency; Optimal Taxation
Public Goods
- Thema
-
Optimal Taxation
public goods provision
Revelation of Preferences
Optimale Besteuerung
Öffentliches Gut
Mechanism
Offenbarte Präferenzen
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bierbrauer, Felix
- Ereignis
-
Veröffentlichung
- (wer)
-
Max Planck Institute for Research on Collective Goods
- (wo)
-
Bonn
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bierbrauer, Felix
- Max Planck Institute for Research on Collective Goods
Entstanden
- 2008