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Economic Behavior and Distributional Choice brings together, for
the first time, Harold M. Hochman's key papers on income
redistribution and policy in one accessible volume.The introduction
describes the genesis and development of a new direction in
thinking, and the papers that follow cover the evolutions of an
idea: the alliance between distribution policy and distributional
preference as developed through public choice theory. This fine
collection illustrates Harold M. Hochman's major contributions to
the discussion of the relationship between distributional
preference, income transfer policy and economic justice, including
the concept of Pareto Optimal Distribution. These contributions
have significantly advanced our understanding of the ways in which
economic analysis can inform income distribution policy. This
pathbreaking selection of writings, including a set of innovative
papers on fiscal design, urban policy and addictive behavior, will
be of great interest to academics, students and researchers
concerned with macroeconomics and economic behavior.
This important two volume work includes a comprehensive
introduction to the literature by the editors and contains the
major articles on economic justice written during the last 50
years.Volume I focuses on the political and philosophical
foundations on the economic justice. Volume II places special
emphasis on the issues surrounding the implementation and practice
of justice in modern economic systems. This authoritative
collection will be an essential reference source for students,
instructors and researches concerned with the study of economic
justice.
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