Goerke, Laszlo; Herzberg, Frederik S.; Upmann, Thorsten - Institut für Arbeitsrecht und Arbeitsbeziehungen in … - 2012
valorem taxes and specific taxes are equivalent. While this equivalence holds without price uncertainty, we show that ad … valorem taxes and specific taxes are “almost never” equivalent in the presence of uncertainty if we demand equivalence to hold …Applying a framework of perfect competition under uncertainty, we contribute to the discussion of whether or not ad …