Experiment 3: A Sales Tax The experiment was conducted on 20 September, 1996, at Carnegie Mellon University by John H. Miller and Elizabeth Newlon Data for Table L3.1: Distribution of Types of Agents Sup. Seller Num. Dem. Buyer Num. Type Cost Market Type Value Market A 28 3 A 20 3 B 23 3 B 25 3 C 18 3 C 30 3 D 13 3 D 35 3 E 8 3 E 40 3 F 3 3 F 45 3 Data for Table L3.2: Transactions in Session 1-Last Round (No taxes) Trade Price BValue SCost 1 20 25 3 2 25 40 8 3 20 25 3 4 15 40 8 5 25 40 18 6 25 35 18 7 30 45 28 8 20 35 8 9 20 30 13 10 16 35 3 11 21 45 13 12 20 45 13 13 24 45 23 14 24 30 23 15 25 30 18 Data for Table L3.3: Transactions in Session 2-Last Round (Sellers Pay Sales Tax) Trade Price BValue SCost 1 31 45 3 2 33 45 8 3 30 40 8 4 28 30 3 5 30 35 13 6 35 40 13 7 30 35 8 8 34 45 18 9 25 30 3 10 30 35 13 Data for Table L3.4: Transactions in Session 3-Last Round (Buyers Pay Sales Tax) Trade Price BValue SCost 1 20 45 3 2 15 45 3 3 18 45 8 4 19 35 18 5 18 40 8 6 20 40 8 7 15 35 3 8 15 40 13 9 15 35 13 10 14 30 13