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interrelationships between different types of soft-drinks when the effects of taxation are evaluated. To add to the literature in this … discount versus normal brands when simulating the effects of soft-drinks taxation and point toward a tax on the sugar content …
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In the optimal tax problem, the maximand is quasi-convex in consumer prices. In such a case, there exists no separating hyperplane between the upper contour set of the maximand and the constraint set. Therefore, the second order properties of optimal tax problems are somewhat non-standard...
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