Owner-consumers and efficiency

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منابع مشابه

Digitized by the Internet Archive in 2011 with Funding from Boston Library Consortium Iviember Libraries Working Paper Department of Economics Owner Consumers and Efficiency

Owner-Consumers and Efficiency Joseph Farrell GTE Laboratories If each household owns the same fraction of a firm as its share of consumption, shareholders unanimously want marginal-cost pricing. Otherwise, profits are overemphasised relative to consumer surplus.

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In some classes of models, taxes at the owner level are “neutral” and have no effect on firm activity. However, this tax neutrality is sensitive to assumptions and no longer holds in more complex models. We review recent research that incorporates greater complexity in studying the link between taxes and business activity – particularly entrepreneurship. Dividend taxes on owners of large firms ...

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We analyze the owner concept for PRAMs. In OROW-PRAMs each memory cell has one distinct processor that is the only one allowed to write into this memory cell and one distinct processor that is the only one allowed to read from it. By symmetric pointer doubling, a new proof technique for OROW-PRAMs, it is shown that list ranking can be done in O(log n) time by an OROWPRAM and that LOGSPACE OROW-...

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ژورنال

عنوان ژورنال: Economics Letters

سال: 1985

ISSN: 0165-1765

DOI: 10.1016/0165-1765(85)90223-x