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- W2118245368 abstract "We present a model of n-person noncooperative bargaining for dividing taxes among members of a society, each of whom is characterized by his/her income level. Our bargaining model is a modified version of Hart and Mas-Colell’s (Econometrica 64, 1996, 357-380) model. The key feature of our model is the bargaining procedure in which only the responders drop out with equal probability. We show that our bargaining procedure generates equal after-tax income allocation when the cost of delay is low in both a nontransferable utility case and a transferable utility case. Thus, progressive income taxation is supported in a noncooperative manner." @default.
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- W2118245368 date "2003-05-28" @default.
- W2118245368 modified "2023-09-24" @default.
- W2118245368 title "A Noncooperative Foundation of Progressive Taxation" @default.
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