Subsidy Incidence in Privately Negotiated Spot Markets: Experimental Evidence
We use experimental methods to investigate subsidy incidence, the transfer of subsidy payments from intended recipients to other economic agents, in privately negotiated spot markets. Our results show that market outcomes in treatments with a subsidy given to either buyers or sellers are significant...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Cambridge University Press
2019
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |