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- W2072056761 abstract "Abstract This paper takes advantage of the well-known result that joint-profit maximization (merger) will yield the optimal quantity of a producer-producer externality to propose a simple real-time algorithm for setting a corrective tax in the case in which firms do not know their profit functions whence the information required to compute the solution directly cannot be renewed by the tax authority. The behaviour of actual profits is sufficient information. Incentive for honest reporting are proposed, and the necessary technological assumptions examined." @default.
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- W2072056761 date "1980-03-01" @default.
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- W2072056761 title "Adaptive control of some producer-producer externalties" @default.
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- W2072056761 doi "https://doi.org/10.1016/0167-2681(80)90053-0" @default.
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