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Taxation,Network Externalities,Consumer Suffering,and Profit-Raising Entry: A Cautionary Note
Authors:Zhang  Qidi  Wang  Leonard F S
Institution:1.Wenlan School of Business, Zhongnan University of Economics and Law, Wuhan, China
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Abstract:Journal of Industry, Competition and Trade - Conventional wisdom is that higher competition, implying more active firms, benefits consumers but hurts producer surplus. Under unit taxation/subsidy,...
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