Pass-Through Rates in the Real World: The Effect of Price Points and Menu Costs

Author(s):  
Alexei Alexandrov
Keyword(s):  
The Real ◽  
2016 ◽  
Vol 45 (6) ◽  
pp. 748-770 ◽  
Author(s):  
Mark J. Tremblay ◽  
Victor J. Tremblay

We investigate the price effect of an excise tax in a duopoly setting. Previous studies have considered the Cournot and Bertrand models but ignore the Cournot–Bertrand model in which one firm competes in output and the other firm competes in price. This omission is important because Cournot–Bertrand behavior is observed in the real world, and the Cournot–Bertrand model provides dramatically different results. Unlike in the Cournot and Bertrand models, we find that firms in the same industry have different pass-through rates in the Cournot–Bertrand model even when they face identical demand and cost conditions. This provides another reason why tax incidence policy is so complex.


Complexity ◽  
2018 ◽  
Vol 2018 ◽  
pp. 1-9
Author(s):  
Z. Cao ◽  
M. Zheng ◽  
Y. Vorobyeva ◽  
C. Song ◽  
N. F. Johnson

Society faces a fundamental global problem of understanding which individuals are currently developing strong support for some extremist entity such as ISIS (Islamic State), even if they never end up doing anything in the real world. The importance of online connectivity in developing intent has been confirmed by recent case studies of already convicted terrorists. Here we use ideas from Complexity to identify dynamical patterns in the online trajectories that individuals take toward developing a high level of extremist support, specifically, for ISIS. Strong memory effects emerge among individuals whose transition is fastest and hence may become “out of the blue” threats in the real world. A generalization of diagrammatic expansion theory helps quantify these characteristics, including the impact of changes in geographical location, and can facilitate prediction of future risks. By quantifying the trajectories that individuals follow on their journey toward expressing high levels of pro-ISIS support—irrespective of whether they then carry out a real-world attack or not—our findings can help move safety debates beyond reliance on static watch-list identifiers such as ethnic background or immigration status and/or postfact interviews with already convicted individuals. Given the broad commonality of social media platforms, our results likely apply quite generally; for example, even on Telegram where (like Twitter) there is no built-in group feature as in our study, individuals tend to collectively build and pass through the so-called super-group accounts.


2010 ◽  
Vol 20 (3) ◽  
pp. 100-105 ◽  
Author(s):  
Anne K. Bothe

This article presents some streamlined and intentionally oversimplified ideas about educating future communication disorders professionals to use some of the most basic principles of evidence-based practice. Working from a popular five-step approach, modifications are suggested that may make the ideas more accessible, and therefore more useful, for university faculty, other supervisors, and future professionals in speech-language pathology, audiology, and related fields.


2006 ◽  
Vol 40 (7) ◽  
pp. 47
Author(s):  
LEE SAVIO BEERS
Keyword(s):  

2016 ◽  
Author(s):  
Lawrence A. Cunningham
Keyword(s):  

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