Monotonic redistribution of performance-based allocations: a case for proportional taxation
- Within a simple setup, we show that proportional taxation is implied by three properties: efficiency, symmetry, and monotonicity. Efficiency: redistribution has no cost. Symmetry: members of the society with the same performance obtain the same reward after redistribution. Monotonicity: whenever both the performance of a certain member of the society as well as the overall performance of the society do not decrease, then this member's reward after redistribution does not decrease.
| Document Type: | Article |
|---|---|
| Language: | English |
| Author: | André Casajus |
| Chairs and Professorships: | Chair of Economics and Information Systems |
| URL: | http://econtheory.org/ojs/index.php/te/article/viewFile/20150887/13870/415 |
| Year of Completion: | 2015 |
| Note: | In: Theoretical Economics, 10 (2015) 3, 887-892 |