Commodity tax structure under uncertainty in a perfectly competitive market
نویسندگان
چکیده
منابع مشابه
Competitive Equilibrium Under Uncertainty
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your perso...
متن کاملGrowth responses to competitive shocks : Market structure dynamics under liberalisation
Liberalisation transforms market structures through the responses of incumbent firms and entrants to freedom of choice. Market shares tend to turn more volatile, and the agility and competitiveness of small, as against large, firms determine whether markets grow more concentrated, or less. We analyse the way these processes played out in Indian manufacturing industries over the 17-year period f...
متن کاملMarket segmentation under uncertainty
This paper proposes a general model to value different strategies to enter a market, comparing alternative sequential segmentation paths to simultaneous investment in all segments. This general model also allows demand to evolve accordingly to an endogenous regimeswitching process, under which it can behave differently before and after investment. It is shown how uncertainty, revenues and inves...
متن کاملCompetitive Capacity Investment under Uncertainty
We consider a long-term capacity investment problem in a competitive market under demand uncertainty. Two firms move sequentially in the competition and a firm’s capacity decision interacts with the other firm’s current and future capacity. Throughout the investment race, a firm can either choose to plan its investments proactively, taking into account possible responses from the other firm, or...
متن کاملA Note on Competitive Investment under Uncertainty
Uncertainty over future output prices or input costs can affect investment by a riskneutral firm in two opposing ways. First, it can increase the value of the marginal unit of capital, which leads to more investment. This only requires that the stream of future profits generated by the marginal unit be a convex function of the stochastic variable; by Jensen's inequality, the expected present va...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Economics
سال: 2011
ISSN: 0931-8658
DOI: 10.1007/s00712-011-0197-9