Taxation,Network Externalities,Consumer Suffering,and Profit-Raising Entry: A Cautionary Note |
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Authors: | Zhang Qidi Wang Leonard F S |
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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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