• Medientyp: Bericht; E-Book
  • Titel: Maximum-revenue tariffs versus free trade
  • Beteiligte: Collie, David R. [Verfasser:in]
  • Erschienen: Cardiff: Cardiff University, Cardiff Business School, 2018
  • Sprache: Englisch
  • Schlagwörter: Cournot Oligopoly ; F12 ; F11 ; Free Trade ; Bertrand Oligopoly ; Perfect Competition ; F13 ; Maximum-Revenue Tariff
  • Entstehung:
  • Anmerkungen: Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
  • Beschreibung: Welfare with the maximum-revenue tariff is compared to free-trade welfare under perfect competition in the case of a large country able to affect its terms of trade; under Cournot duopoly with differentiated products; and under Bertrand duopoly with differentiated products. Under perfect competition, assuming linear demand and supply, welfare with the maximum-revenue tariff will be higher than free-trade welfare if the country has sufficient market power. Under Cournot duopoly and Bertrand duopoly, assuming linear demands and constant marginal costs, welfare with the maximum-revenue tariff is always higher than free-trade welfare.
  • Zugangsstatus: Freier Zugang