1. Shifting to Consumption as a Federal Tax Base: An Overview -- 2. If, When You Say “Value-Added Tax,” You Mean... -- 3. Who Bears the Burden of Consumption Taxes? -- 4. Implications of the Form of VAT on Incidence and Other Factors -- 5. Preferential Treatment: The Implications for...

This paper uses transaction data to investigate the effects of Internet purchase on airline fares. Our data include ticket characteristics, restrictions, flight load factors, and dates and channel of purchase. Controlling for ticket and flight characteristics, online purchasers pay about 11...

type="main" xml:lang="en" <p>This paper empirically examines the effect of competitive conditions on nonlinear pricing strategies in the airline industry. We use a unique data set to analyze the impact of concentration and the competitive pressures generated by Southwest and other low cost carriers...</p>

A fundamental question in industrial organization regards the relationship between price and the number of sellers. This relationship has been particularly important in the pharmaceutical industry where legislative changes were specifically designed to foster competition. Previous research on...

This paper investigates why passengers pay substantially different fares for travel on the same airline between the same two airports. We investigate questions that are fundamentally different from those in the existing literature on airline price dispersion. We use a unique new dataset to test...

The intemational transfer pricing norm is the "arm's length" standard where prices are set as tf related parttes were transacting as unrelated parties. The modern theory of the firm, however, argues that the types of transactions that take place within firms differ significantly from market...

The internet presumably reduces search costs and creates an “efficient” market. Prior research quantifying the dispersion in the electronic market, however, has yielded mixed results. Some recent research has documented very low levels of dispersion in internet attributing it to the use of...