Maximum‐revenue versus Optimum‐welfare Export Taxes: a Delegation Game*

B-Tier
Journal: Review of International Economics
Year: 2008
Volume: 16
Issue: 5
Pages: 919-929

Score contribution per author:

1.009 = (α=2.02 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In the Eaton and Grossman (1986) Bertrand duopoly model of strategic export taxes, both countries may be better off if they both delegate to policymakers who maximize tax revenue rather than welfare. However, both countries delegating to policymakers who maximize tax revenue is not a Nash equilibrium unless the degree of product substitutability is sufficiently high. For a wide range of values for the degree of product substitutability, the game is a prisoner's dilemma where both countries are better off delegating to policymakers who maximize tax revenue but both will delegate to policymakers who maximize welfare in the Nash equilibrium.

Technical Details

RePEc Handle
repec:bla:reviec:v:16:y:2008:i:5:p:919-929
Journal Field
International
Author Count
2
Added to Database
2026-01-25