Patents versus rewards: the implications of production inefficiency
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DOI: 10.1515/ger-2019-0092
Abstract: Abstract It is believed that if there is no informational asymmetry between firms and the government, firms could be remunerated for innovation using optimal taxation rather than patents. We show that under reasonable conditions (such… read more here.
Keywords: tax subsidy; tax; production inefficiency; subsidy scheme ... See more keywords
Mechanism Design for an Incentive Subsidy Scheme for Bus Transport
Sign Up to like & getrecommendations! Published in 2019 at "Sustainability"
DOI: 10.3390/su11061740
Abstract: Large public transport subsidies necessitated by operating deficits have become a heavy financial burden on some local governments. However, the present subsidy scheme lacks incentives to encourage bus operators to reduce deficits to lessen subsidies.… read more here.
Keywords: bus operators; incentive subsidy; bus; subsidy scheme ... See more keywords