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The ideal tax system strikes a balance between efficiency and equity.
What should the scope of PES be given the possible trade-offs between efficiency and equity?
Issues such as these illustrate the trade-off between efficiency and equity and highlight the need for public policy to determine which private goods should be public goods.
We also stress that different designs for carbon tax mechanisms play a key role in affecting the distributional impacts and impacts in other policy arenas, indicating that trade-offs between efficiency and equity always exist when designing a carbon tax.
Hence, the conflict between efficiency and equity of this policy arises from the spatial mismatch of residential areas and locations of employment, and the spatial separation between low-income and high-income groups that characterise most cities.
However, as p c increases, we also see a clear trade-off between efficiency and equity.
Similar(41)
In the case of Egypt, there seems to be an important trade-off between efficiency and regional equity: projects that produce potential higher impacts on national GDP also tend to contribute more to regional concentration.
The reason conservatives engage in bouts of Sweden-bashing is that they want to convince us that there is no tradeoff between economic efficiency and equity -- that if you try to take from the rich and give to the poor, you actually make everyone worse off.
The trade-off a country like Thailand makes between e.g. efficiency and equity criteria can have important implications, e.g. adopting severity of disease rather than cost-effectiveness as guiding principle in the selection of HIV/AIDS interventions - and thus choosing treatment rather than prevention-centered strategies - could lead to a large number of extra infections in Thailand [ 14].
And who decides on the highly contested trade-offs between privacy and security, efficiency and equity?This report will explain that gloom, fear and optimism are all justified.
There is often a trade-off to be made between these principles of efficiency and equity and that both cannot be pursued in tandem.
More suggestions(18)
between efficiency and justice
between efficiency and fairness
between energy and equity
between growth and equity
between efficiency and time
between efficiency and flexibility
between maximization and equity
between efficiency and mischief
between efficiency and stability
between efficiency and thickness
between efficiency and business
between efficiency and transport
between loan and equity
between efficiency and precision
between access and equity
between wealth and equity
between efficiency and complexity
between accountability and equity
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com