This paper evaluates the effect of location regulation on a monopolist's output and examines the desirability of such regulation. It is shown that a location regulation can increase the output if the production functions do not exhibit constant returns to scale and that the output level could be...

This paper attempts to present a simple Cournot model to determine the optimal discriminatory tariff rates, when the international market is a homogeneous (heterogeneous) product market. In the model, there are two foreign firms located in two different countries competing for sales in a local...

This paper presents a conjectural variation approach to examine the conditions under which voluntary export restraints are voluntary. Th e authors have shown that the value of the conjectural variation is a critical factor for determining the effects of voluntary export restraints. In...

This paper extends S. Djajic (1987) to allow for an endogenous rate of time preference, and reexamines Djajic's experiment: how the optimal rates of private consumption and capital accumulation will respond to an unanticipated temporary expansion in government spending. The key factors...

This paper studies the entry and tax regulation of oligopolistically competitive privately run casinos and government-run casinos in a jurisdiction. We highlight three important external effects from casino-style gambling: non-casino income creation, social disorder costs, and cross-border...