Subsidies in Oligopoly Markets: A Welfare Comparison between Symmetric and Asymmetric Costs

This paper studies welfare effects of uniform production subsidies in oligopoly markets, comparing cases of asymmetric and symmnetric costs. Cost asymmetry reduces the impact if the demand function is concave and magnifies the impact if demand is convex.

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Year of publication:	1995-09
Authors:	Hamilton, Stephen F. ; Sandin, Rickard
Institutions:	Economics Institute for Research (SIR), Handelshögskolan i Stockholm
Subject:	Subsidies \| oligopoly \| cost asymmetry

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Series:	SSE/EFI Working Paper Series in Economics and Finance.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Working Paper Series in Economics and Finance Number 70 12 pages
Classification:	L52 - Industrial Policy; Sectoral Planning Methods
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005190875