Competition and Anomalies Redux: Evidence from U.S. Auto Dealers
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We examine a choice between bonus contracts offered to dealers of a U.S. auto manufacturer. In our data, dealers select the non-profit-maximizing option in 20 percent of observations, costing the mistaken dealers $18,453 per year on average. We examine how the propensity to make this mistake varies
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美国国家经济研究局创建时间：
2026-07-01
