Taxing market power
We investigate the effectiveness of tax and transfer policies in correcting market distortions when the economy is imperfectly competitive. We perform this analysis in the context of an exchange model representing a bilateral oligopoly situation, which constitutes a particular example of a Shapley-Shubik strategic market game.
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|Note:||In : Journal of Public Economic Theory, 1(4), 475-497, 1999|
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"Oligopoly equilibria in exchange economies,"
CORE Discussion Papers
1992047, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
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- BLOCH, Francis & GHOSAL, Sayantan, 1994. "Stable Trading Structures in Bilateral Oligopolies," CORE Discussion Papers 1994056, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Aumann, Robert J & Kurz, Mordecai, 1977. "Power and Taxes," Econometrica, Econometric Society, vol. 45(5), pages 1137-61, July.
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- Cordella, Tito & Gabszewicz, Jean J., 1998.
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- Cordella, T. & Gabszewicz, J. J., . ""Nice'' trivial equilibria in strategic market games," CORE Discussion Papers RP -1302, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Shapley, Lloyd S & Shubik, Martin, 1977. "Trade Using One Commodity as a Means of Payment," Journal of Political Economy, University of Chicago Press, vol. 85(5), pages 937-68, October.
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