infonet-economy

When moving figures are occluded and revealed piecemeal as they move across a narrow slit, observers may perceive them as integrated but distorted. They may also perceive much more of the figure as simultaneously visible than is actually presented at any moment. We obtained quantitative measures of both the perceived distortion and perceived simultaneity under free viewing conditions…

This chapter reviews the recent economic literature on transfer pricing. As a starting point, we take Hirshleifer's transfer pricing model and discuss the basic structure of the most widely used model extensions. We review transfer pricing models with asymmetric information, transfer pricing models in incomplete contracting settings, strategic transfer pricing models, and…

Fierce competition and rapid technological progress have considerably reduced the life cycle length for mobile phones in the last decade. Once a new mobile phone is launched, providers on the market under consideration practice a markdown strategy. Profits of the providers are generated mainly via the monthly (base plus variable) fees accruing during contract duration whereas the…

I confront three models of the policy impact of social movements with data on the mobilization of ecology, antinuclear, and peace movements in the United States between 1975 and 1995 by means of time-series analysis: the direct-effect model, the indirect-effect model, and the joint- effect model. My analysis suggests that social movements have little, if any, impact on public policy…

This paper compares alternative methods of controlling for the spatial dependence of house prices in a mass appraisal context. Explicit modeling of the error structure is characterized as a relatively fluid approach to defining housing submarkets. This approach allows the relevant submarket to vary from house to house and for transactions involving other dwellings in each submarket…