Construct · 1 fields · 1 citations

double distortion: a standalone construct

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Law and economics

the argument that redistributing through legal rules distorts both work incentives and conduct, so income tax is the better tool.

In law and economics, double distortion refers to the argument that redistributing through legal rules distorts both work incentives and conduct, so income tax is the better tool. This meaning comes from Kaplow (1994) in The Journal of Legal Studies.[1]

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Nearby constructs

argument3 fields · 3 citationsjingle · one word, three constructs distortion4 fields · 7 citationsjingle · one word, four constructs work4 fields · 4 citationsjingle · one word, four constructs

References

Kaplow, L., & Shavell, S. (1994). Why the Legal System Is Less Efficient than the Income Tax in Redistributing Income. The Journal of Legal Studies, 23(2), 667-681. https://doi.org/10.1086/467941

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