Transfer price data : its definition, collection and use.

A brief description of the concept of transfer prices and its derivation is followed by a discussion of some of its theoretical advantages and disadvantages. Several examples of transfer price experimentation are then described. There follows a more detailed discussion of important issues including the inherent unnaturalness of the transfer price question in certain contexts, the nature and control of probable biases, the phrasing of the transfer price question and the use of interviewers. The paper indicates the range of uses to which transfer price data might be put and concludes with some evidence that its use to study the processes of decision making should offer particularly useful rewards. (Author/publisher) for the covering abstract of the conference see IRRD 286978.