Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...
A method of social planning is presented which can be used to fulfill a social welfare criterion with normative values. The purpose is to show how a social welfare model which includes cultural norms ...
The achievements and limitations of the classical theory of optimal labor-income taxation based on social welfare functions are now well known. Even though utilitarianism still dominates public ...
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