In a recent paper in this Journal , Z.A. Spindler has proposed a determinate solution for bilateral monopoly, taking issue with the conclusion of many microeconomics textbooks that both the equilibrium price and the equilibrium quantity are theoretically indeterminate. His analysis relates to...

This paper uses simple examples and diagrams to illustrate some of the more important propositions relating to producer taxation which have emerged from the literature on optimal taxation. Although a few less complex surveys of this literature are now available (Bradford and Rosen, 1976; Sandmo,...