The marriage penalty
Changes in marital status can affect obligations and entitlements in terms of transfer payments and taxation. Married couples may pay more tax than two single people with the same earnings, which represents a marriage penalty. They may alternatively pay less tax when married if one spouse has no earnings, and this is a marriage subsidiy. The tax penalty arose in 1969 with the Tax Reform Act. Meanwhile, women may lose entitlement to some trasnfer payments if they marry. The tradeoffs involved in changing the system should be made clear.
Publication Name: Journal of Economic Perspectives
Acyclic probabilistic social decision functions
A study was conducted to analyze the power structure of acyclic probabilistic social decision function. A model that incorporates elements of change with a weak degree of rationality was developed. Findings showed that when the number of alternatives increases without limit, the part of all ordered pairs of alternatives that an individual can randomly veto approaches one. Results also indicated the existence of at least one individual who has the capability to randomly veto important pairs of alternatives.
Publication Name: Bulletin of Economic Research
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