On the design of a neutral business tax under uncertainty. by Bond, S, Devereux, M

“…This paper extends the results of Boadway and Bruce (Journal of Public Economics, 1984, 24, 231–239) and Fane (Journal of Public Economics, 1987, 33, 95–105) to describe a tax on business profits which is neutral with respect to investment and wind-up decisions, and default outcomes, under uncertainty and bankruptcy risk. …”

The Marginal Utility of Income. by Layard, R, Mayraz, G, Nickell, S

“…In normative public economics it is crucial to know how fast the marginal utility of income declines as income increases. …”