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 … consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a large share …

tech platforms. A natural question regarding these practices is whether the “Single Monopoly Profit” (SMP) theory applies … theory as it applies to exclusive dealing (the context in which it is most famously applied), and then discuss the “post …-Chicago” economic literature laying out a number of realistic settings in which the SMP theory fails and competitively harmful exclusion …

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 … consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a large share …

In economics, market failure is a situation in which the allocation of goods and services is not efficient. Monopoly … revealed preference theory. By revealed preference theory we mean ex-ante preferences of the respondents (students). Here we … identify the factors affecting market failure in the dietary market in Pune; also, measurement of the existence of monopoly …

We consider a non-durable good monopoly that collects data on its customers in order to profile them and subsequently … monopoly equilibrium profit is globally an increasing function of the privacy cost while in the PHI case, it is almost always a …

We consider a non-durable good monopoly that collects data on its customers in order to profile them and subsequently … monopoly equilibrium profit is globally an increasing function of the privacy cost while in the PHI case, it is almost always a …