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We use incentivized economics experiments to test both the point predictions and comparative static predictions of optimal transfer pricing models, comparing behavior under varying conditions, including wholly versus partially-owned subsidiaries and different tariff and tax rates. As predicted,...
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tend to seek less information. A simple laboratory experiment confirms key results …
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John Dewey popularised the idea that ‘experimentation' might play a valuable role in regulation. This paper examines the complexity of the modern regulatory system from the perspective of learning and experimentation. The author considers the main issues with this idea: firstly, the close...
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The prevalence of consumers sharing their purchases on social media platforms (e.g., Instagram, and Pinterest) and the use of this information by potential future consumers have substantial implications for online retailing. In this study, we examine how product characteristics and the type of...
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