LORENZ DOMINATION, UTILITARIAN DEPRIVATION RULE AND EQUAL SACRIFICE PRINCIPLE(*)
Article Abstract:
Three different models of distributive justice are connected by means of the logarithmic utility function and the flat tax function. The models are average tax progressivity, the utilitarian deprivation rule and the equal sacrifice principle. When relative risk aversion equals one, meaning that the utility function is logarithmic, then the utilitarian deprivation rule is consistent with the Lorenz criterion. The equal sacrifice model is satisfied with respect to the logarithmic utility function by the flat tax function
Publication Name: Manchester School
Subject: Economics
ISSN: 1463-6786
Year: 1998
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Mergers & acquisitions
Article Abstract:
Several brief news reports involving mergers and acquisitions are presented. The reports cover companies that include Campbell Soup and Arnotts, Westinghouse Electric and General Electric and Southwestern Bell and Hauser Communications.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993
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Hats off to spring
Article Abstract:
A cookie recipe that requires moderate preparation is provided. The hat-shaped cookies are made from 10 ingredients including marzipan, and white chocolate and vanilla buttercream frosting. Baking lasts for eight minutes at 375 degrees.
Publication Name: Southern Living
Subject: Home and garden
ISSN: 0038-4305
Year: 1997
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