Tradeoff between marginal welfare costs

Authors

  • Mário Alexandre P. M. da Silva Universidade de Coimbra

DOI:

https://doi.org/10.14195/2183-203X_22_3

Abstract

This paper studies the implications of a tradeoff between the social costs of public funding and the social costs of monopoly in a framework of government procurement and a framework of regulation both under incomplete information. The directions of cost, effort and output distortions are determined with reference to the complete information benchmark.

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Published

2016-09-22

Issue

No. 22 (2005)

Section

Articles

License

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows sharing the work with recognition of authorship and initial publication in Antropologia Portuguesa journal.