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What Makes a Price Fair? An Experimental Analysis of Transaction Experience and Endogenous Fairness Views
Herz, Holger - 2016
-independent models of fairness. Our results have implications for price discrimination, labor markets, and dynamic pricing …
Persistent link: https://www.econbiz.de/10012981613
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The Nature of Excess : Using Randomized Treatments to Investigate Price Dynamics
Al-Ubaydli, Omar - 2010
This study explores empirically the price dynamics within two distinct market institutions - a double oral auction …
Persistent link: https://www.econbiz.de/10013138763
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Why Do Inventories Rise When Demand Falls in Housing and Other Markets?
Lazear, Edward P. - 2010
Inventories and price changes are correlated. The inverse relation is most obvious in housing where inventories build …
Persistent link: https://www.econbiz.de/10013144866
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Fuel Tax Incidence and Supply Conditions
Marion, Justin G. - 2011
The incidence of taxes on consumers and producers plays a central role in evaluating energy tax policy, yet the literature testing the main predictions of the tax incidence model is sparse. In this paper, we examine the pass-through rate of state gasoline and diesel taxes to retail prices, and...
Persistent link: https://www.econbiz.de/10013128885
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Does Price Reveal Poor-Quality Drugs? Evidence from 17 Countries
Bate, Roger - 2011
but the signaling effect of price is far from complete, especially for non-innovator brands. The look of the pharmacy, as … are likely to suspect low quality from market price, non-innovator brand and the look of the pharmacy, but none of these …
Persistent link: https://www.econbiz.de/10013128895
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Sale Rates and Price Movements in Art Auctions
Ashenfelter, Orley - 2011
paper examines the relationship between sale rates and price surprises over time in art auctions. Using data on contemporary … strong positive relationship of sale rates to unexpected aggregate price changes, which is reminiscent of a Phillips curve … that sale rates revert to "normal" very quickly following a price surprise. We estimate an empirical model to measure …
Persistent link: https://www.econbiz.de/10013130962
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Supply and Effects of Specialty Crop Insurance
Ligon, Ethan A. - 2011
The federal government has developed a large number of programs to insure various "specialty crops" over the last two decades; a given program is peculiar to a particular county and crop. This development has been particularly notable in California, because of its size and the diversity of crops...
Persistent link: https://www.econbiz.de/10013131302
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The Equity and Efficiency of Two-Part Tariffs in U.S. Natural Gas Markets
Borenstein, Severin - 2011
Residential natural gas customers in the United States face volumetric charges for natural gas that average about 30% more than marginal cost. The large markup on natural gas - which is used to cover the fixed infrastructure and operating costs of the local distribution companies - is widely...
Persistent link: https://www.econbiz.de/10013131987
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Why Does the Treasury Issue Tips? The Tips-Treasury Bond Puzzle
Fleckenstein, Matthias - 2010
We show that the price of a Treasury bond and an inflation-swapped TIPS issue exactly replicating the cash flows of the …
Persistent link: https://www.econbiz.de/10013138312
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Cigarette Excise Taxation : The Impact of Tax Structure on Prices, Revenues, and Cigarette Smoking
Chaloupka, Frank J. - 2010
-series data for 21 EU countries from year 1998 to 2007 from various data resources. We provide strong evidence that the price gap … share of ad valorem tax in total excise tax leads to about a 4 to 5 percent increase in the price gap, with a smaller impact …
Persistent link: https://www.econbiz.de/10013139133