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The Tobacco Deal

J. Bulow and Paul Klemperer

Economics Papers from Economics Group, Nuffield College, University of Oxford

Abstract: 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.

Keywords: TOBACCO INDUSTRY; LAW; PUBLIC POLICY (search for similar items in EconPapers)
JEL-codes: K32 L51 L66 (search for similar items in EconPapers)
Pages: 63 pages
Date: 1999
References: Add references at CitEc
Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:nuf:econwp:1999-w11

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