A tax on lobster: who pays?
About this model
This model shows what a tax on lobster does beyond the lobster market. A random daily catch is sold to consumers, a higher tax raises the shelf price so they buy fewer lobsters, and that changes fishermen's income, tax revenue and hospitality jobs. On the Scenarios stage, move the Lever "Lobster tax rate (%)" and watch fishermen's income after 30 days. The numbers are illustrative. Inspired by What is Systems Thinking? by Prof. Edward Castronova: https://www.youtube.com/watch?v=Su8r4YKX_ls