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Preview of Regulation of Vertically Differentiated Markets: Quality Taxation/Subsidization vs. Minimum Quality Standard
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Regulation of Vertically Differentiated Markets: Quality Taxation/Subsidization vs. Minimum Quality Standard (247.pdf)

204 KBEN 20 pages
This paper examines vertically differentiated markets, exploring how a public authority can improve welfare through quality-based taxation or subsidies, whether implemented on a monopsony or duopoly structure
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