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The Accounting Review Vol. 66 No. 4 1991

A Laboratory Market Examination of the Consumer Price Response to Information about Producers' Costs and Profits.

Steven J. Kachelmeier; Stephen T. Limberg

Abstract

Demonstrates that consumers respond differently to a market event depending on the information reported about the event. Principle of dual entitlement; Factors which affect consumers' response to prices; Combined effect of a change in the sellers' tax rate and tax base; Advantages of a tax setting for testing the theory; Calculation of profits.

DOI
10.2308/tar-9605070401
Volume
66
Issue
4
Pages
694-717
Language
en
Sources
openalex crossref

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