This paper explores the implications of tax rate randomness, identifying circumstances in
which revenue-neutral rate variability increases profitability, economic activity, and the …

We consider passengers with different willingness to pay that may live in a given
geographical area and, thus, be entitled to a subsidy. The carrier has market power and may …

In this paper, we analyze the efficiency of ad valorem and specific subsidies for resident
passengers in air transport markets. A fixed discount per trip and route is always superior to …

The welfare dominance of ad valorem taxes over unit taxes in a single‐market Cournot
oligopoly is well known. This article extends the analysis to multimarket oligopoly. Provided …

The comparison between specific (per unit) and ad valorem (percentage) taxation has been
one of the oldest issues in public finance. In Cournot markets, with deterministic costs …

How does cost uncertainty affect the welfare consequences of an oligopoly? To answer this
question, we investigate a Cournot oligopoly in which firms produce a homogeneous …

Applying a framework of perfect competition under uncertainty, we contribute to the
discussion of whether or not ad valorem taxes and specific taxes are equivalent. While this …

This paper analyzes the effects of taxation on information acquisition and bilateral trade in
decentralized markets. We show that a profit tax and a transaction tax have opposite …

Some European governments subsidize their residents when they travel at sea. This paper
seeks to analyze the impact on prices of maritime passengers' subsidies in Europe …

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