Barbierfield

Aanbieding!
Profit Economics 110 - Kahn's Zero/Negative Optimal Tariff

Profit Economics 110 – Kahn’s Zero/Negative Optimal Tariff

Oorspronkelijke prijs was: 2.23 €.Huidige prijs is: 0.67 €.

This book unveils the tricks of how Richard Kahn tried to support the optimal tariff theory. He contradictorily assumed away elasticities to derive his optimal tariff as a function of elasticities. He relied on foreign elasticities to force his result positive. When these errors are corrected, Kahn’s tariff can only be zero or negative.

Zur Kasse
SKU: 135bol1785783554

Beschrijving

This book unveils the tricks of how Richard Kahn tried to support the optimal tariff theory. He contradictorily assumed away elasticities to derive his optimal tariff as a function of elasticities. He relied on foreign elasticities to force his result positive. When these errors are corrected, Kahn’s tariff can only be zero or negative.