Consumers are attracted to malls because of the presence of well-known anchors--department stores with recognized names. Anchors generate mall traffic that indirectly increases the sales of lesser-known mall stores. Lesser-known stores can free ride off of the reputations of better-known stores....

A self-interest explanation is presented for opposition by some farm groups to futures markets. During the twenties and thirties, political oppositi on to futures markets was greater in the grain-producing states. The line elevator companies were prominent in these states and not others , and...

This paper reports on interesting changes in markdown pricing practices over time and differences in the pricing within a product line. The price discrimination and the uncertainty hypotheses appear to better explain the data than the peak load hypothesis. Fashion has become more important over...