Constrained joint-profit-maximizing retail contracts are derived when the dealer is privately informed about demand conditions before contracting with the manufacturer. Demand is increased by dealer promotion, which is unobservable by the manufacturer. Consequently, the manufacturer does not...

This paper examines simultaneity between religious intensity and income. Most of the literature to date has examined either the impact of religion on economic outcomes or the impact of economic outcomes on religious activities. Our estimation offers evidence of a bicausal relationship. We find...

Using an error-correction model, we find deviation from historic price pass-through patterns during the immediate post-Hurricane Katrina period. Although gasoline price pass-through patterns have largely returned to their long-run equilibrium, evidence indicates that asymmetry, previously not...