Abstract
This contribution investigates the effectiveness and welfare implications of fiscal policies in a context of multilateral trade, when traders behave strategically. The present approach deals simultaneously with two aspects of fiscal policies: collecting resources for redistributive purposes and correcting distortions related to imperfectly competitive behaviour.
The second author gratefully acknowledges a European Commission Trade and Mobility fellowship No ERBFMBICT971936.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Amir, R., Sahi, S., Shubik, M., Yao, S. (1990): A Strategic Market Game with Complete Markets. Journal of Economic Theory 51, 126–143
Aumann, R. J., Kurz, M. (1977): Power and Taxes. Econometrica 45, 1137–1161
Bloch, F., Ferrer, H. (2000): Strategic Complements and Substitutes in Bilateral Oligopolies. Economic Letters, forthcoming
Cordella, T., Gabszewicz, J. J. (1998): “Nice” Trivial Equilibria in Strategic Market Games. Games and Economic Behavior 22, 162–169
Dubey, P., Shubik, M. (1978): A Theory of Money and Financial Institutions. 28. The Non-cooperative Equilibria of a Closed Trading Economy with Market Supply and Bidding Strategies. Journal of Economic Theory 17, 1–20
Gabszewicz J. J., Grazzini L. (1999): Taxing Market Power. Journal of Public Economic Theory Vol. 1 (4), 475–497
Gabszewicz, J. J., Michel, P. (1997): Oligopoly Equilibrium in Exchange Economies. In: Eaton, B. C., and Harris, R. G. (Eds.): Trade, Technology and Economics. Essays in Honour of Richard G. Lipsey. Edward Elgar, Cheltenham, 217–240
Gabszewicz, J. J., Vial, J. P. (1972): Oligopoly “à la Cournot” in General Equilibrium Analysis. Journal of Economic Theory 4, 381–400
Guesnerie, R., Laffont, J. J. (1978): Taxing Price makers. Journal of Economic Theory 19, 423–455
Myles, G. D. (1989): Ramsey Tax Rules for Economies with Imperfect Competition. Journal of Public Economics 38, 95115
Shapley, L. (1976): Noncooperative General Exchange. In: Lin S. (Ed.): Theory and Measurement of Economic Externalities. Academic Press, New York, 155175
Shapley, L., Shubik, M. (1977): Trade Using One Commodity as a Means of Payment. Journal of Political Economy 85, 937–968
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2001 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Gabszewicz, J.J., Grazzini, L. (2001). Strategic Multilateral Exchange and Taxes. In: Debreu, G., Neuefeind, W., Trockel, W. (eds) Economics Essays. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-04623-4_8
Download citation
DOI: https://doi.org/10.1007/978-3-662-04623-4_8
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-07539-1
Online ISBN: 978-3-662-04623-4
eBook Packages: Springer Book Archive