Advanced Microeconomics - II – Pisa

Argomenti del programma: 1st and 2nd Welfare Theorems and consequences when they fail to hold Topics chosen from: Optimal taxation of commodities, labour income, capital income and 'sin goods' (health economics). Optimal corrective taxation (externality problems): first and second best; fuel and vehicle taxation. Political economy and public choice. Public goods provision: first and second best optimality; private provision.