BACKGROUND In Bangladesh, the average excise tax on cigarettes accounted for just 38% of the average retail price of cigarettes in 2009, and 45% in 2010. Both these rates are well below the WHO recommended share of 70% of the retail price at a minimum. There is thus ample room for raising taxes on cigarettes in Bangladesh. The objective of the present work was therefore to estimate the price el...

We study the strategic impacts of behavioral price discrimination on manufacturers and retailers in a distribution channel when there are switching costs in consumer demand. Unlike previous empirical studies of behavioral price discrimination, which rely only on differences in price elasticity across customers, our pricing model allows the strategies of channel members to additionally account f...

If a “perfect market” in economic theory ever comes true in the digital world, sellers will not be able to gain profits above the marginal costs, and the resource allocation will become much more efficient. This paper attempts to investigate whether this prediction is true in the electronic marketplace. We have observed 2,000 prices listed by online and offline retailers. By comparing price lev...

We conducted 80 auctions on eBay. Forty of these auctions were for various popular music CDs while the remaining 40 auctions were for video games for Microsoft’s Xbox gaming console. The revenue equivalence theorem states that any auction form having the same effective reserve price yields the same expected revenue. The effective reserve price on eBay consists of three components: the opening b...

  In this paper asymmetric price transmission mechanism and nonlinear adjustment between producer and retail prices of milk were examined in Zanjan Province of Iran. For this purpose, a Two-Regime Threshold Vector Error Correction Model (TVECM) and a Sup-LM Test developed by Hansen and Seo (2002) were employed for checking presence of a threshold effect. Application of unit root tests indicated...

The analysis here represents the views of CoRE Research Pty Ltd (ACN 096 869 760) and should not be construed as those of Hutchison Telecommunications. In April 2003, the ACCC released an information paper Mobile Services Review, 2003 and announced its intention to review the pricing methodology for mobile phone termination charges. As part of its current inquiry into mobile services regulation...

 Overall, taking account of both coverage and formula effect differences and within the limitations of how price data is collected within the UK, the Retail Prices Index (RPI) is as good a consumer price index as one can get for uprating purposes. The systemic difference between the RPI and the Consumer Prices Index (CPI), currently (2015) running at 1.0 percentage points per annum, results pr...