Dynamic Problems in Industrial Organization and Public Finance

产业组织和公共财政的动态问题

• 批准号: 8810935
• 负责人: Kenneth Judd
• 金额: $ 10.79万
• 依托单位: National Bureau of Economic Research Inc
• 依托单位国家: 美国
• 项目类别: Continuing Grant
• 财政年份: 1988
• 资助国家: 美国
• 起止时间: 1988-07-15 至 1991-06-30
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=8810935&HistoricalAwards=false
• 关键词: Dynamic; Problems; Industrial; Organization; Public

This award renews support for further theoretical research on dynamic problems in industrial organization and public finance. In the area of industrial organization, the structure of the market in terms of competitiveness is a key determinant of how firms behave and how efficiently a market operates. The first part of this project will study a market dominated by two firms and will develop and test an alternative theory of oligopoly behavior. An oligopoly model will be constructed with linear demand functions and quadratic production functions and inventory storage costs. This model employs fewer restrictive assumptions than the standard models and will provide a deeper understanding of behavior of markets dominated by two firms. The second part of this project involves three studies analyzing the effects of tax policies in environments characterized by risk. The effect of tax policy on investment and consumption decisions and on the overall economic performance remains a central issue in the area of public finance. Changes in the tax codes are an important source of uncertainty that will be studied in terms of how frequent changes affect investment and consumption decisions. Another study will look at the effects of the differential taxation of capital gains, dividends, and pension type investments on choosing an investment portfolio. The third study will analyze optimal tax policy under situations where government expenditures are subject to sudden, unexpected changes. The study of oligopoly in a dynamic setting is important for better understanding monopolistic competition and the extent to which imperfect markets are efficient. The analysis of tax policy is of major importance because it may have implications for adopting more effective strategies of taxation.

该奖项再次支持进一步的理论研究动态 产业组织和财政问题。 领域的 产业组织，市场结构， 竞争力是决定企业行为方式的关键因素， 市场有效运作。 该项目的第一部分将 研究一个由两家公司主导的市场，并将开发和测试一个 寡头垄断行为的替代理论 寡头垄断模式将是 由线性需求函数和二次生产函数构成 功能和库存存储成本。 这种模式使用较少 限制性假设比标准模型，并将提供一个 更深入地了解由两家公司主导的市场行为。 该项目的第二部分涉及三项研究， 税收政策在风险环境中的作用。 的 税收政策对投资和消费决策的影响 整体经济表现仍然是该领域的中心问题， 公共财政。 税法的变化是一个重要的来源， 将根据变化的频率来研究不确定性 影响投资和消费决策。 另一项研究将研究 对资本收益差别征税的影响， 股息和养老金类型的投资对选择投资 portfolio. 第三项研究将分析最优税收政策， 政府支出受到突发性， 意想不到的变化 研究动态环境下的寡头垄断问题，对于更好地研究动态环境下的寡头垄断问题具有重要意义。 理解垄断竞争及其程度 不完美的市场是有效的。 税收政策分析是 重要性，因为它可能会影响到采用更多的 有效的税收政策。