An experiment from the book Experiments with Economic Principles by Theodore C. Bergstrom, Marcus Giamattei, Humberto Llavador and John H. Miller. The experiment and warm-up exercises are located in the econ-class experiments folder within classEx,
This experiment introduces a per unit tax in the Apple Market, but with a richer distribution of types. It runs three sessions of the same market: without taxes, with an excise tax paid by sellers, and with an excise tax paid by buyers. It covers tax incidence and excess burden.
NEW VERSION IN EXPERIENCING ECONOMICS FREE EBOOK
We have an UPDATED VERSION in Experiencing Economics: An Excise Tax in the Apple Market. The new version includes instructions for both online and offline trading. You can still access the original instructions on this webpage, but notice that the experiment in classEx responds to the updated version.
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