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New Characterizations of Old Bankruptcy Rules [PDF]

open access: yes
This paper presents axiomatic characterizations of two bankruptcy rules disscused in Jewish legal literature: the Constrained Equal Awards rule and the Contested Garment principle (the latter is defined only for two-creditor problems.) A major property ...
Nir Dagan
core  

Voting over piece-wise linear tax methods [PDF]

open access: yes
We analyze the problem of choosing the most appropriate method for apportioning taxes in a democracy. We consider a simple theoretical model of taxation and restrict our attention to piece-wise linear tax methods, which are almost ubiquitous in advanced ...
MORENO-TERNERO, Juan D.
core  

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