A note on taxation, incentives and risk sharing (Q761230)
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scientific article; zbMATH DE number 3887393
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| English | A note on taxation, incentives and risk sharing |
scientific article; zbMATH DE number 3887393 |
Statements
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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0.88516796
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0.8522734
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0.8502044
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0.8458426
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0.8383843
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0.83671117
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0.83280253
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