Preferences, Welfare and Desirable Subsidies under Monopolistic Competition

A simple model of monopolistic competition with consumer preferences for diversity reconciles an empirical‐theoretical disconnect of the welfare properties of industrial subsidies. The optimal policy rules indicate that subsidies can be Pareto improving, but subject to society's preference for...

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Bibliographic details
Volume: 64
Main Author: Kwan, Chang Yee
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: HOBOKEN WILEY 01.11.2013
Wiley Subscription Services, Inc
published in: Metroeconomica Vol. 64; no. 4; pp. 744 - 759
ORCID: 0000-0003-3966-4843
Data of publication: November 2013
ISSN: 0026-1386
1467-999X
EISSN: 1467-999X
Discipline: Economics
Subjects:
Online Access: available in Bonn?
Database: Social Sciences Citation Index
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Web of Science - Social Sciences Citation Index - 2013
Web of Science
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