Conspicuous Consumption, Pure Profits, and the Luxury Tax: Some Surprising Consequences of Perfect Competition

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Conspicuous Consumption, Pure Profits, and the Luxury Tax: Some Surprising Consequences of Perfect Competition

Author Info

Bagwell, L.S.
Bernheim, B.D.

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Paper provided by Stanford - Hoover Institution in its series Papers with number e-91-15.

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Length: 30 pages
Date of creation: 1991
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Handle: RePEc:fth:stanho:e-91-15

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