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Taxation / Lagrange multiplier / Overlapping generations model / Dynamic inconsistency / Mathematical optimization / Economics / Optimal tax


Time-consistent institutional design Charles Brendonyand Martin Ellisonz July 22, 2014 Abstract We propose a new normative approach to designing institutional commitments in environments that are subject to a time incons
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Document Date: 2014-07-22 04:12:46

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City

Fiesole / /

Country

United Kingdom / Italy / /

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Facility

European University Institute / University of Oxford / /

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them unlikely practical solutions / commitment device / deterministic social insurance problem / broader search / /

Organization

European University Institute / University of Oxford / /

Person

Ramon Marimon / Ctirad Slavik / Simon Wren-Lewis / Rick Van der Ploeg / Meg Meyer / Tatiana Damjanovic / Albert Marcet / Charles Brendonyand Martin Ellisonz / Alex Mennuni / Paul Levine / Lars Svensson / Paul Beaudry / /

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Position

designer / time-consistent institutional designer / institutional designer / Ramsey planner / Corresponding author / /

ProvinceOrState

Ramsey / /

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