A behavioral model of evolutionary dynamics and optimal regulation of tax evasion
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F19%3A10242954" target="_blank" >RIV/61989100:27510/19:10242954 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S0954349X19300712?via%3Dihub" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0954349X19300712?via%3Dihub</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.strueco.2019.05.004" target="_blank" >10.1016/j.strueco.2019.05.004</a>
Alternative languages
Result language
angličtina
Original language name
A behavioral model of evolutionary dynamics and optimal regulation of tax evasion
Original language description
The paper studies the dynamics of compliance in a population of agents that decide whether to engage in tax evasion depending on an evolutionary adaptation process, when payoffs are assumed to have the realistic features of Prospect Theory utilities. The paper also considers the optimal control problem of a tax authority that targets the maximization of the expected stream of tax revenues choosing auditing effort. The analysis produces novel and rich results, including conditions for the convergence to an asymptotically stable interior equilibrium, the existence of multiple equilibria and discontinuities in the optimal control. (C) 2019 Elsevier B.V.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Structural Change and Economic Dynamics
ISSN
0954-349X
e-ISSN
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Volume of the periodical
50
Issue of the periodical within the volume
1
Country of publishing house
US - UNITED STATES
Number of pages
11
Pages from-to
79-89
UT code for WoS article
000487567300008
EID of the result in the Scopus database
2-s2.0-85066329651