Screening with convex menus and optimal flow taxation
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DOI: 10.1016/j.jpubeco.2019.104052
Abstract: Abstract This paper considers a family of screening problems in which the principal is constrained to offer only convex menus. Applications include: (i) optimal flow taxation when individuals can substitute consumption and leisure inter-temporally; (ii)… read more here.
Keywords: optimal flow; flow taxation; convex menus; taxation ... See more keywords