In theory, the incidence of a tax should be independent of which side of the market it is levied on. This principle of … equivalence. We find that market outcomes are essentially the same when the tax is levied on sellers as when it is levied on … equivalence. -- Tax Liability ; Posted Offer Market ; Experimental Economics …

setting behavior is in general consistent with the theory. Capacities converge above the Cournot level. Sellers rarely manage …

This paper presents an analysis of tax clientele effects in the German government bond market from the viewpoint of … ; duality theory ; term structure of interest rates ; smoothing splines ; tax clientele ; arbitrage bounds …