Home -> Law Blog Directory -> Academic Blogs -> Legal Theory Blog
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
Find a Local Lawyer
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
Academic
: Legal Theory BlogKaplow on Optimal Policy & Heterogenous Preferences
By Lawrence Solum
Louis Kaplow (Harvard Law School) has posted Optimal Policy with Heterogeneous Preferences on SSRN. Here is the abstract:
Optimal policy rules--including those regarding income taxation, commodity taxation, public goods, and externalities - are typically derived in models with homogeneous preferences. This article reconsiders many central results for the case in which preferences for commodities, public goods, and externalities are heterogeneous. When preference differences are observable, standard second-best results in basic settings are unaffected, except those for the optimal income tax. Optimal levels of income taxation may be higher, the same, or lower on types who derive more utility from various goods, depending on the nature of preference differences and the concavity of the social welfare function. When preference differences are unobservable, all policy rules may change. The determinants of even the direction of optimal rule adjustments are many and subtle.
Full post as published by Legal Theory Blog on July 30, 2008 (boomark / email).
Take the Policy IAT
Social science has documented that unconscious factors play a far more significant role in our ideological beliefs than we realize. Now you can take the “Policy IAT 1.0″ - a test designed to examine whether and to what extent people have implicit preferences for certain types of policy options and how those preferences may or may [...
Forman & Chen: Optimal Retirement Age
Jonathan Barry Forman (Oklahoma Law) and Bing Yung-Ping Chen (University of Massachusetts-Boston, Gerontology Institute) have posted Optimal Retirement Age on SSRN. Here is the abstract: What is the optimal retirement age? This paper looks at the optimal retirement age from...
Kaplow & Shavell on On the Superiority of Corrective Taxes to Quantity Regulation
Oxford University Press has posted On the Superiority of Corrective Taxes to Quantity Regulation, 4 Am. L. & Econ. Rev. 1 (2002), by Louis Kaplow (Harvard) & Steven M. Shavell (Harvard), on SSRN ($38 per download)...
When to Retire
Jonathan Forman (Oklahoma Law) and Bing Yung-Ping Chen (U. Mass. - Boston Gerontology Institute) have just posted on SSRN their new article Optimal Retirement Age. Here's the abstract: What is the optimal retirement age? This paper looks at the optimal...
Logue on Optimal Tax Compliance and Penalties When the Law is Uncertain
Kyle D. Logue (Michigan) has published Optimal Tax Compliance and Penalties When the Law is Uncertain, 27 Va. Tax Rev. 241 (2007). Here is the abstract: This article examines the optimal level of tax compliance and the optimal penalty for...
Optimal Corporate Leniency Programs
Posted by D. Daniel Sokol Joseph E. Harrington, Johns Hopkins University - Department of Economics has a very interesting piece on Optimal Corporate Leniency Programs. ABSTRACT: This study characterizes the corporate leniency policy that minimizes the frequency with which collusion...
State Farm Class Actions
Policy Holders Settle
Wal-Mart
Faces Class Action over Return Policy
Canceled Insurance
Judge orders Health Net Inc. to pay $9 million settlement after terminating a policyholder's policy after being diagnosed with breast cancer.








