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Concavity of Utility, Concavity of Welfare, and Redistribution of Income

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NBER2003-09-01 更新2025-01-04 收录
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The marginal social value of income redistribution is understood to depend on both the concavity of individuals' utility functions and the concavity of the social welfare function. In the pertinent literatures, notably on optimal income taxation and on normative inequality measurement, it seems to

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2003-09-01
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