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Persistent link: https://www.econbiz.de/10003379775
This paper extends the standard model of optimum commodity taxation (Ramsey (1927) and Diamond-Mirrlees (1971)) to a competitive economy in which some markets are inefficient due to asymmetric information. As in most insurance markets, consumers impose varying costs on suppliers but firms cannot...
Persistent link: https://www.econbiz.de/10003387598
Persistent link: https://www.econbiz.de/10003555162
Persistent link: https://www.econbiz.de/10003426455
This paper extends the standard model of optimum commodity taxation (Ramsey (1927) and Diamond-Mirrlees (1971)) to a competitive economy in which some markets are inefficient due to asymmetric information. As in most insurance markets, consumers impose varying costs on suppliers but firms cannot...
Persistent link: https://www.econbiz.de/10010263992
Persistent link: https://www.econbiz.de/10002534896
This paper extends the standard model of optimum commodity taxation (Ramsey (1927) and Diamond-Mirrlees (1971)) to a competitive economy in which some markets are inefficient due to asymmetric information. As in most insurance markets, consumers impose varying costs on suppliers but firms cannot...
Persistent link: https://www.econbiz.de/10013317382