Developing countries pay substantially higher transportation costs than developed nations, which leads to less trade and perhaps lower incomes. This paper investigates price discrimination in the ship
Are consumers in the marketplace aware of their cognitive limitations? Which limitations can be profitably exploited by firms? I answer these questions in the context of a widely criticized form of pr
Abstract Banks offer multiple funds that vary in its characteristics. Usually funds with larger minimum initial application have lower administration fees, which could be due to lower costs. In this p
