search query: @indexterm taxation / total: 1872
reference: 213 / 1872
| Author: | Zilcha, I. Eldor, R. |
| Title: | Firm's output under uncertainty and asymmetric taxation |
| Journal: | Economica
2004 : FEB, VOL. 71:281, p. 141-153 |
| Index terms: | Competition Taxation Uncertainty |
| Language: | eng |
| Abstract: | Competitive companies operating under price uncertanty when taxation is asymmetric are considered. In the absence of risk sharing tools, the larger "gap" in taxation may either lower or increase the company's optimal output, depending on whether the relative measure of risk aversion is less or larger than 1. In the presence of risk sharing markets optimal output does not depend on the tax rates, nor on the price distribution or the company's attitude towards risk. |
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