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Heterogeneous Preferences (heterogeneous + preference)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting100%

Selected Abstracts

Optimal Redistribution with Heterogeneous Preferences for Leisure

JOURNAL OF PUBLIC ECONOMIC THEORY, Issue 4 2002
Robin Boadway
This paper examines the properties of the optimal nonlinear income tax when preferences are quasi,linear in leisure and individuals differ in their ability and their preferences for leisure. The government seeks to redistribute income. It can perfectly observe the level of endogenous income but cannot observe either ability or preferences. The heterogeneity of preferences leads to problems of comparability between individual utilities which challenge the design of redistributive schemes. We analyze the consequences of adopting a utilitarian social welfare function where the government is allowed to give different weights to individuals with different preferences. Under this particular social objective and given the quasi,linearity of preferences, we are able to obtain closed,form solutions for the marginal tax rates and to examine the progressivity of the tax system according to the weights used. [source]

Optimal Nonlinear Income Taxation and Heterogeneous Preferences

THE JAPANESE ECONOMIC REVIEW, Issue 2 2001
Naosumi Atoda
An attempt is made to find a nonlinear optimal income taxation structure for the Japanese income taxation system, assuming that individuals have heterogeneous preferences between income and leisure. Attention is paid to the horizontal equity considerations and the implications for income as distinguished between skilled and unskilled labour. JEL Classification Numbers: H20, H55, I31. [source]

Understanding heterogeneous preferences of cooperative members

AGRIBUSINESS : AN INTERNATIONAL JOURNAL, Issue 1 2009
Nikos Kalogeras
We study the heterogeneity in the preference structure of cooperative members. Using conjoint analysis the utility that members attach to intra-organizational and strategic attributes of their cooperative is elicited. Recognizing that members are not homogenous, a concomitant finite-mixture regression model is employed to allow preferences to vary across different member segments. With data from 120 cooperative members, we find that most members demonstrate rather similar preferences for strategic attributes but differ with respect to the intra-organizational attributes of control and management. Members' preference structures are affected by business size and attitudes towards risk. [EconLit Citations: Q130; M000, C400]. © 2009 Wiley Periodicals, Inc. [source]

Optimal Nonlinear Income Taxation and Heterogeneous Preferences

THE JAPANESE ECONOMIC REVIEW, Issue 2 2001
Naosumi Atoda
An attempt is made to find a nonlinear optimal income taxation structure for the Japanese income taxation system, assuming that individuals have heterogeneous preferences between income and leisure. Attention is paid to the horizontal equity considerations and the implications for income as distinguished between skilled and unskilled labour. JEL Classification Numbers: H20, H55, I31. [source]