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A Taxation Policy for Maximizing Social ...

Kakhbod, Ali...

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A Taxation Policy for Maximizing Social Welfare in Networks: A General Framework by Kakhbod, Ali ( Author )

Content Provider	Lemonjar Open Access
Publisher	Australian National University
Publication Date	14-07-2023
Summary	We present a simple tatonnement process based on a decomposition method which is simple to implement and achieves the maximal social welfare, under the assumption that the utility function of each [price-taking] individual will be his own private information and need not be known by the designer. At each iteration, very little information needs to be exchanged among the individuals in order to achieve the optimal allocation. Furthermore, the given tatonnement process is always balanced at equilibrium and off equilibrium.
ISBN	-
Item Type	Article
File Type	pdf
File Size	29.34 KB
Language	English
Subjects	-
Unlimited	MYR 0.01
Total read	-
URL	http://arxiv.org/abs/1111.7013

Citation

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AMA 11th EditionReferences

Kakhbod, Ali. A Taxation Policy for Maximizing Social Welfare in Networks: A General Framework. Australian National University. July 14, 2023. Accessed September 20, 2024. https://online.provdatabase.com/cite/5202

APA 7th EditionReferences

Kakhbod, Ali. (2023). A Taxation Policy for Maximizing Social Welfare in Networks: A General Framework. Australian National University. https://online.provdatabase.com/cite/5202

Chicago 17th EditionReferences

Kakhbod, Ali. A Taxation Policy for Maximizing Social Welfare in Networks: A General Framework. Australian National University. 2023. https://online.provdatabase.com/cite/5202

HarvardReferences

Kakhbod, Ali. (2023). A Taxation Policy for Maximizing Social Welfare in Networks: A General Framework. [Online]. Australian National University. Available from: https://online.provdatabase.com/cite/5202. (Accessed 20 September 2024).

Harvard AustraliaReferences

Kakhbod, Ali, 2023, A Taxation Policy for Maximizing Social Welfare in Networks: A General Framework, Australian National University, viewed 20 September 2024, <https://online.provdatabase.com/cite/5202>

MLA 9th EditionWorks Cited

Kakhbod, Ali. A Taxation Policy for Maximizing Social Welfare in Networks: A General Framework. Australian National University, 2023. PROV Database, https://online.provdatabase.com/cite/5202.

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