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Asymmetry of Taxes and Subsidies in Regulating Stochastic Mishap

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  • Richard E. Just
  • David Zilberman

Abstract

I. The model 140.—II. Marginal effects of taxes and subsidies, 142.—III. The role of risk preferences, 143.—IV. Relative effectiveness of taxes and subsidies, 145.—V. Conclusions, 147.

Suggested Citation

  • Richard E. Just & David Zilberman, 1979. "Asymmetry of Taxes and Subsidies in Regulating Stochastic Mishap," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(1), pages 139-148.
    • Handle: RePEc:oup:qjecon:v:93:y:1979:i:1:p:139-148.
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    File URL: http://hdl.handle.net/10.2307/1882603
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    Citations

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    Cited by:

    1. Zilberman, David & Just, Richard E., 1979. "Risk Aversion And Property Rights," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 278195, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Lawrence Martin, 1986. "On the Legal and Illegal Behavior of the Regulated Firm," Public Finance Review, , vol. 14(4), pages 431-447, October.
    3. Opaluch, James J., 1984. "The Use Of Liability Rules In Controlling Hazardous Waste Accidents: Theory And Practice," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 13(2), pages 1-8, October.
    4. Finkelshtain, Israel & Kislev, Yoav, 2004. "Taxes and subsidies in a polluting and politically powerful industry," Journal of Asian Economics, Elsevier, vol. 15(3), pages 481-492, June.
    5. Zivin, Joshua Graff & Just, Richard E. & Zilberman, David, 2005. "Risk Aversion, Liability Rules, and Safety," International Review of Law and Economics, Elsevier, vol. 25(4), pages 604-623, December.
    6. Buschena, David & Zilberman, David, 1992. "Not Just Another Paper Showing Violations of the Expected Utility Model: The Effects of Alternative Similarity on Risky Choice," CUDARE Working Papers 198603, University of California, Berkeley, Department of Agricultural and Resource Economics.

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