Click here to skip to this page's main content.

New to the Open Library? — Learn how it works
Last edited by ImportBot
October 25, 2010 | History

Corrective taxation versus liability 1 edition

Corrective taxation versus liability
Steven Shavell

Read

No readable version available.

Borrow

Try a WorldCat search?

Buy

Add an ISBN to link to booksellers

Lists

You could add Corrective taxation versus liability to a list if you log in.

Links (leaves Open Library)

Rats. There's no description for this book yet. Can you help?
There is only 1 edition record, so we'll show it here...  •  Add edition?

Corrective taxation versus liability
Steven Shavell

Published 2010 by National Bureau of Economic Research in Cambridge, MA .
Written in English.

About the Book

"Taxation and liability are compared here as means of controlling harmful externalities. It is emphasized that liability has an advantage over taxation: inefficiency of incentives arises under taxation when, as would be typical, it would be impractical for a tax to reflect all variables that significantly affect expected harm, whereas efficiency of incentives under liability does not require the state to determine expected harm - it requires only that injurers pay for harm that occurs. However, taxation enjoys an advantage over liability: incentives under liability are diluted to the degree that injurers might escape suit. The optimal joint use of taxation and liability is also examined, and it is shown in the model that is analyzed that liability should be employed fully because liability creates more efficient incentives than taxation; a tax should be used only to take up the slack due to the possibility that suit for harm would not be brought"--National Bureau of Economic Research web site.

Edition Notes

Title from PDF file as viewed on 9/16/2010.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.

Series
NBER working paper series -- working paper 16234, Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16234.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL24393913M
LC Control Number
2010656391

History Created October 25, 2010 · 1 revision Download catalog record: RDF / JSON

October 25, 2010 Created by ImportBot initial import