• Title of article

    Optimal allocation of quotas

  • Author/Authors

    Amihai Glazer، نويسنده , , Refael Hassin، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1998
  • Pages
    7
  • From page
    55
  • To page
    61
  • Abstract
    Consider a government which fixed the supply of a good (e.g. by an import quota). Suppose the market for the good can be partitioned (e.g. sales in different years or in different areas of the country can be considered sales in different markets). We show that maximization of consumer surplus in the domestic economy may require segmentation of the domestic market into two, but no more, parts.
  • Keywords
    import quotas , Rent seeking , Regulation , Rationing
  • Journal title
    Economics Letters
  • Serial Year
    1998
  • Journal title
    Economics Letters
  • Record number

    434474