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determined by the direct welfare consequences of tax evasion and the relationship between evasion and the tax base. We also … determine conditions which imply that overall welfare declines with tax evasion. …
Persistent link: https://www.econbiz.de/10011573537
determined by the direct welfare consequences of tax evasion and the relationship between evasion and the tax base. We also … determine conditions which imply that overall welfare declines with tax evasion. …
Persistent link: https://www.econbiz.de/10011622137
We analyze the role of consumer expectations in a Hotelling model of price competition when products exhibit network effects. Expectations can be strong (stubborn), weak (price-sensitive) or partially stubborn (a mix of weak and strong). As a rule, the price-sensitivity of demand declines when...
Persistent link: https://www.econbiz.de/10010303797
This paper shows that the welfare dominance of ad valorem over unit taxes under imperfect competition, extends to the …
Persistent link: https://www.econbiz.de/10010276547
This paper shows that the welfare dominance of ad valorem over unit taxes under imperfect competition, extends to the …
Persistent link: https://www.econbiz.de/10011437563
entry and raises welfare. Furthermore, we show that collective bargaining loosens the linkage between business stealing and …
Persistent link: https://www.econbiz.de/10011458468
How does cost uncertainty affect the welfare consequences of an oligopoly? To answer this question, we investigate a …-up. Furthermore, the welfare loss due to oligopoly tends to increase with uncertainty. …
Persistent link: https://www.econbiz.de/10012620737
Persistent link: https://www.econbiz.de/10011440114
, countrywide profits, and welfare. Firms face resource constraints and wages are simultaneously determined. Relative to free trade … technology. Domestic welfare is unambiguously penalized. Hence, the general-equilibrium cross-sector perspective goes against the …
Persistent link: https://www.econbiz.de/10011345526
entry and raises welfare. Furthermore, we show that collective bargaining loosens the linkage between business stealing and …
Persistent link: https://www.econbiz.de/10011622135