z-logo
Premium
A THEORY OF PATERNALISTIC IN‐KIND TRANSFERS
Author(s) -
BROWNING EDGAR K.
Publication year - 1981
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/j.1465-7295.1981.tb00339.x
Subject(s) - paternalism , externality , economics , pareto principle , consumption (sociology) , microeconomics , pareto optimal , mathematical economics , multi objective optimization , mathematical optimization , operations management , sociology , mathematics , social science , market economy
Consumption externalities are frequently cited as a justification for in‐kind transfers. In the presence of consumption externalities, in‐kind transfers may achieve a Pareto optimal allocation. This paper argues that actual in‐kind transfers do not achieve a Pareto optimum, but instead tend to produce a paternalistic optimum which caters to the preferences of taxpayers (donors) and ignores the preferences of recipients.

This content is not available in your region!

Continue researching here.

Having issues? You can contact us here