Welfare, Incentives, And Taxation

Description:
Nobel Prize-winning economist James Mirrlees is one of the world's leading figures in welfare, development, and public sector economics. This volume brings together for the first time twenty-three of his seminal papers on welfare economics, tax theory, public expenditure, contract theory, growth theory, and development economics. Academic and professional economists, particularly those interested in welfare, development, and public sector economics, will find this collection invaluable.

Table of Contents:
PART I: WELFARE ECONOMICS; 1. Information and Incentives: The Economics of Carrots and Sticks; 2. Notes on Welfare Economics, Information, and Uncertainty; 3. The Desirability of Natural Resource Depletion; 4. The Economic Uses of Utilitarianism; 5. Welfare Economics and Economies of Scale; PART II: TAX THEORY; 6. An Exploration in the Theory of Optimum Income Taxation; 7. On Producer Taxation; 8. The Optimum Town; 9. Population Policy and the Taxation of Family Size; 10. Optimal Tax Theory: A Synthesis; 11. The Theory of Optimal Taxation; 12. Migration and Optimal Income Taxes; 13. Taxing Uncertain Incomes; PART III: PUBLIC EXPENDITURE; 14. Arguments for Public Expenditure; 15. Optimal Taxation and Government Finance; PART IV: CONTRACT THEORY; 16. The Optimal Structure of Incentives and Authority within an Organization; 17. The Theory of Moral Hazard and Unobservable Behaviour: Part I; PART V: GROWTH THEORY; 18. The Dynamic Nonsubstitution Theorem; 19. Agreeable Plans; 20. Fairly Good Plans; 21. Optimum Saving with Economies of Scale; PART VI: DEVELOPMENT ECONOMICS; 22. A Pure Theory of Underdeveloped Economies; 23. Project Appraisal and Planning Twenty Years On: Appendix