Following recent court rulings, cross-border loss compensation for multinational firms will likely be introduced, at … cross-border loss compensation is likely to intensify tax competition when, following current international practice, the … parent firm's home country bases the tax rebate for a loss-making subsidiary on its own tax rate. In equilibrium, tax revenue …

As predicted by loss aversion, numerous studies find that penalties elicit greater effort than bonuses, even when the … underlying payoffs are identical. However, loss aversion also predicts that workers will demand higher wages to accept penalty …, but do not significantly reverse it. Overall, loss aversion seems to play surprisingly little role in this setting. The …

The importance of capital loss offset provisions in a world of risk is well documented in the tax literature. However … would be dissipated. In contrast, full loss offset would reduce that loss to approximately fourteen cents …

versus loss frame) times two (monitored performance versus unmonitored performance) between-subjects design to examine …, the level of cheating is by far higher in the loss frame than in the gain frame. Furthermore, men are much more strongly …