Net Income and Judicial Economics

Introduction: Income Distribution and Economics

Behavioral Economics and The Basic Income Guarantee

This article provides a critical discussion of the potential contributions behavioral economics makes to the idea of a Basic Income Guarantee (BIG). Behavioral economics suggests that the consequences of a basic income may be significantly different from the ones predicted by the Standard Economic Model. Three topics from this literature are analyzed and linked to the BIG idea: Prospect Theory,...

Gender and Net Farm Income of Cassava Farmers under Individual Land Tenure System in Abia State

The study on gender and net farm income of cassava-based farmers under individual land tenure system was done in Abia State of Nigeria. The main objective was to determine the Net Farm Income (NFI) and the Benefit Cost Ratio (BCR) of the cassava farmers by gender vis-aviz their income levels as well as food security in the state. A multi-stage random sampling technique was adopted while data we...

Economics 2450A: Public Economics Section 7: Optimal Top Income Taxation

In this Section we study the optimal design of top income taxes.1 We have already covered optimal top income taxation in a simple Mirrlees framework in Section 2. Today, we will start from the “trickle down” model with endogenous wages introduced by Stiglitz (1982). We then analyze an example of optimal taxation in a general equilibrium model where workers choose between di↵erent occupations/se...

Economics of net neutrality: A review

Network neutrality has been at the center of US telecommunications policy for several years, culminating in a recent FCC order imposing a limited form of net neutrality on US broadband Internet Service Providers (ISPs). The regulatory imposition of nondiscrimination and price regulation (the core of net neutrality) on ISPs has been hotly debated. In this paper, I review the recent economics lit...