The General Welfare in Relation to Problems of Taxation and of Railway and Utility Rates¶
Hotelling, H. (1938). The General Welfare in Relation to Problems of Taxation and of Railway and Utility Rates. Econometrica, 6(3), 242-269.
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Primes¶
- Deadweight Loss
- and was systematized for welfare analysis by Hotelling (1938)
This sourceSystematic welfare analysis using the consumer/producer-surplus framework (marginal-cost pricing, excess burden of taxes); systematizes surplus-based welfare measurement for taxation and utility-rate problems.
- and was systematized for welfare analysis by Hotelling (1938)
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