A new approach is developed to identify marginal tax reforms for pairs of commodities and to test for the robustness of their impacts on Yaari's dual social welfare functions. The rank-dependent ...

Preferences in Arrow's conditions are ordinal. Here we show that when intensity of preference represented by reciprocal pairwise comparisons is considered, it is always possible to construct an ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. We looked at federal spending data from the past few ...