The Song Remains Not the Same: Correlated Intercept and Slope Uncertainties Matter to Prices versus Quantities
| Autor: | James S. Shortle, Richard D. Horan |
|---|---|
| Rok vydání: | 2021 |
| Předmět: | |
| Zdroj: | Journal of the Association of Environmental and Resource Economists. 8:691-719 |
| ISSN: | 2333-5963 2333-5955 |
| DOI: | 10.1086/712418 |
| Popis: | Weitzman’s “relative slope rule” (RSR) is a rule of thumb for determining the relative efficiency of quantity versus price instruments to regulate firms under asymmetric information. This r... |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|