On the Effectiveness of Uniform Subsidies in Increasing Market Consumption
We study the problem faced by a central planner trying to increase the consumption of a good, such as new malaria drugs in Africa. The central planner allocates subsidies to its producers, subject to a budget constraint and endogenous market response. The policy most commonly implemented in practica...
| Main Authors: | , , |
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| Format: | Article |
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Institute for Operations Research and the Management Sciences (INFORMS)
2020
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| Online Access: | https://hdl.handle.net/1721.1/128493 |