Konrad, Kai A.; Morath, Florian; Müller, Wieland - 2009
presence of human buyers constrains the pricing behavior of a monopolist. -- tax incidence ; monopoly ; Bertrand competition …We analyze the incidence and welfare effects of unit sales taxes in experimental monopoly and Bertrand markets. We find …, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to …