The Tobacco Deal.

The authors analyse the major economic issues raised by the 1997 Tobacco Resolution and the ensuing proposed legislation that were intended to settle tobacco litigation in the United States. By settling litigation largely in return for tax increases, the Resolution was a superb example of a "wi...

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Hlavní autoři: Bulow, J, Klemperer, P
Médium: Working paper
Jazyk:English
Vydáno: Nuffield College (University of Oxford) 1999
Popis
Shrnutí:The authors analyse the major economic issues raised by the 1997 Tobacco Resolution and the ensuing proposed legislation that were intended to settle tobacco litigation in the United States. By settling litigation largely in return for tax increases, the Resolution was a superb example of a "win-win" deal.