Our model describes optimal transfer prices as a function of the number of multi-divisional firms. Decentralized firms imperfectly observe downstream pricing and quantity decisions. Therefore, transfer prices have two strategic functions requiring a trade-off: limiting affiliated downstream...

Policy transfer is the process of applying a policy, or knowledge that informs a policy, from one setting to another. It is considered to be an effective way for cities, municipalities or countries to learn from one another, and is documented by many (e.g. Evans, 2009; Common, 2001) as a process...

Nicolas Dutot (1684–1741) is an important figure for the history of economic thought, as a pioneer in monetary theory and price statistics, and for economic history as a chronicler of John Law’s System. Yet until recently very little about him was known, some of it incorrect. I present...