TY - JOUR
T1 - Monotonic redistribution
T2 - Reconciling performance-based allocation and weighted division
AU - Abe, Takaaki
AU - Nakada, Satoshi
N1 - Funding Information:
The authors are grateful to an anonymous referee and the editor for helpful comments. In particular, the advices from the anonymous referee helped us to complete Theorem 4. The authors would like to thank Koji Yokote for helpful comments. We acknowledge the financial support from Japan Society for Promotion of Science (JSPS). All remaining errors are ours.
PY - 2017/12/1
Y1 - 2017/12/1
N2 - We show that a proportional taxation redistribution rule regarding heterogeneity among members of a society is implied by four axioms: Efficiency, total wealth monotonicity, contribution monotonicity and additivity. Moreover, we offer another axiomatization with dropping additivity. Our rule is an extension of [Casajus, A. [2015] Monotonic distribution of performance-based allocations: A case for proportional taxation, Theor. Econ. 10, 887-892]'s redistribution rule in which each member of a society is identified only with his/her income.
AB - We show that a proportional taxation redistribution rule regarding heterogeneity among members of a society is implied by four axioms: Efficiency, total wealth monotonicity, contribution monotonicity and additivity. Moreover, we offer another axiomatization with dropping additivity. Our rule is an extension of [Casajus, A. [2015] Monotonic distribution of performance-based allocations: A case for proportional taxation, Theor. Econ. 10, 887-892]'s redistribution rule in which each member of a society is identified only with his/her income.
KW - Monotonicity
KW - Proportional taxation
KW - Weighted division
UR - http://www.scopus.com/inward/record.url?scp=85030309158&partnerID=8YFLogxK
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U2 - 10.1142/S0219198917500220
DO - 10.1142/S0219198917500220
M3 - Article
AN - SCOPUS:85030309158
SN - 0219-1989
VL - 19
JO - International Game Theory Review
JF - International Game Theory Review
IS - 4
M1 - 1750022
ER -