@techreport{9573a1fce5924d38ae354af370b55cc0,
title = "Taxation and Market Power",
abstract = "We analyze the incidence and welfare e¤ects of unit sales taxes in experimental monopoly and Bertrand markets. We nd, in line with economic theory, that rms with no market power are able to shift a high share of a tax burden on to consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a large share of the burden of a tax increase. With human buyers, however, this share is smaller than with automated buyers as the presence of human buyers constrains the pricing behavior of a monopolist.",
keywords = "tax incidence, monopoly, Bertrand competition, experiment",
author = "K.A. Konrad and F. Morath and W. M{\"u}ller",
note = "Pagination: 43",
year = "2010",
language = "English",
volume = "2010-03",
series = "CentER Discussion Paper",
publisher = "Microeconomics",
type = "WorkingPaper",
institution = "Microeconomics",
}