Adverse selection model regarding tobacco consumption
The impact of introducing a tax on tobacco consumption can be studied trough an adverse selection model. The objective of the model presented in the following is to characterize the optimal contractual relationship between the governmental authorities and the two type employees: smokers and non-smok...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Inforec Association
2006-01-01
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Series: | Informatică economică |
Subjects: | |
Online Access: | http://www.revistaie.ase.ro/content/38/marin%20dumitru%204p.pdf |