Optimal Provision of Public Goods with Rank Dependent Expected Utility

Erling Eide

No 03/2003, Memorandum from Oslo University, Department of Economics

Abstract: In this paper the theory of rank-dependent expected utility (RDEU) is substituted for the theory of expected utility (EU) in a model of optimal provision of public goods. The substitution generalizes the Samuelson rule, previously modified to include deadweight loss and tax evasion loss.

Keywords: Tax evasion; optimal taxation; rank dependent expected utility (search for similar items in EconPapers)
JEL-codes: D81 H21 H26 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2002-10-12
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Related works:
Journal Article: Optimal Provision of Public Goods with Rank Dependent Expected Utility (1998)
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