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Peter A. Diamond
Researcher at Massachusetts Institute of Technology
Publications - 245
Citations - 28809
Peter A. Diamond is an academic researcher from Massachusetts Institute of Technology. The author has contributed to research in topics: Social security & Pension. The author has an hindex of 75, co-authored 243 publications receiving 27940 citations. Previous affiliations of Peter A. Diamond include National Bureau of Economic Research & Center for Economic Studies.
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Contingent Valuation: Is Some Number Better than No Number?
TL;DR: In this article, the authors conclude that current methods are not suitable for damage assessment or benefit-cost analysis, and they believe the problems come from an absence of preferences, not a flaw in survey methodology, making improvement unlikely.
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Aggregate Demand Management in Search Equilibrium
TL;DR: In this article, a simple barter model with identical risk-neutral agents where trade is coordinated by a stochastic matching process is analyzed for a simple single-agent setting, and it is shown that there are multiple steady-state rational expectations equilibria, with all non-corner solution equilibrium inefficient.
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Optimal Taxation and Public Production I: Production Eficiency
TL;DR: In this paper, the authors examined the desirability of aggregate production efficiency in a wide variety of circumstances provided that taxes are set at the optimal level, and an examination of that optimal tax structure.
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Optimal Taxation and Public Production II: Tax Rules
TL;DR: In this article, the problem of using taxation and government production to maximize a social welfare function was studied, and the first-order conditions were derived and the argument for efficiency in aggregate production was considered.