A note on taxation, incentives and risk sharing (Q761230): Difference between revisions

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Revision as of 10:25, 30 January 2024

scientific article
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A note on taxation, incentives and risk sharing
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    A note on taxation, incentives and risk sharing (English)
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    1985
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    The necessary and sufficient conditions for a tax system to guarantee the consistency of private and public evaluation of risky projects are derived. A stochastic dominance approach is used.
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    incentives
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    risk aversion
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    tax system
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    risky projects
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    stochastic dominance
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