Welfare policy: cash versus kind, self-selection and notches.

A model is developed to investigate price-mediated, or partially decentralized, welfare policy in situations where the government lacks full information about consumer types. The work of Blackorby and Donaldson, who demonstrated the importance of in-kind transfers in a world where self-selection of...

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Bibliographic Details

Published in:	Southern Economic Journal Vol. 66; no. 4; pp. 976 - 991
Main Authors:	Singh, Nirvikar, Thomas, Ravi
Format:	Article
Published:	Southern Economic Association April 2000
Subjects:	Second best (Economic theory) Mathematical models of income distribution Transfer payments Information theory in economics Public welfare Resource allocation > Mathematical models Welfare recipients Taxation United States
Online Access:	View this record in EBSCOhost