Re:LLM Economist – Mechanism Design for Simulated Agent Soci...
by slwvx on Monday August 04, 2025 @12:34AM
(#44782148)
Thanks for the further details!
Ah, the fact that they are marginal rates makes marginally more sense, but it still seems to me that the SWF in fig 5a has very little relation to the real world.
> Also, while there is a complicated tax code in the US, in our simulation there is no way for agents to avoid paying taxes :)
Seems like an obvious thing to add. I.e. if you believe the World Bank when they say "People are more willing to pay tax when taxes are progressive" [1], then it seems worthwhile to update your model to include this.
Ah, the fact that they are marginal rates makes marginally more sense, but it still seems to me that the SWF in fig 5a has very little relation to the real world.
> Also, while there is a complicated tax code in the US, in our simulation there is no way for agents to avoid paying taxes :)
Seems like an obvious thing to add. I.e. if you believe the World Bank when they say "People are more willing to pay tax when taxes are progressive" [1], then it seems worthwhile to update your model to include this.
[1] https://blogs.worldbank.org/en/governance/why-does-progressi...