We study the equilibrium accounting and transfer pricing policies in a multinational duopoly with price competition in the final product market. We find that the firms in a duopoly can benefit from strategically using the same transfer price for tax and managerial purposes instead of using separate transfer prices for both objectives. According to our results, the practice of one set of books should be the prevalent accounting method in markets with a small number of competitors and similar products.
The ‘religion/secular’ frame should be retired as a way of characterizing contemporary northern European cultures. The concepts of ‘secularity’ and ‘religion’ are both falsifying and question begging. They invisibly and unhelpfully predetermine the conversation about who and where we are now. Further, they are terms which increasingly lack salience in these cultures. If we seek to locate and articulate, in order to reflectively engage, the horizons within which contemporary northern Europeans generally live, the goods that orient people’s lives, the ideas and values that move and motivate them, we need to talk not about ‘religion’ and the lack of it, but about the idea of the human. Within the concept of the human is nested today the sense of orientation, meaning, goodness and importance that notions of ‘religion’ used to express. This is the conceptual territory on which arguments about ‘what really matters’ are now conducted. If one wishes to have salience in contemporary culture, one needs to speak to this.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.