英语翻译Proposition 1.Contribution-margin transfer pricing dominates cost-plus transferpricing.Our finding complements Sahay’s (2003,Proposition 1) finding that cost-plustransfer pricing dominates an entire class of actual cost-based transfer p

英语翻译Proposition 1.Contribution-margin transfer pricing dominates cost-plus transferpricing.Our finding complements Sahay’s (2003,Proposition 1) finding that cost-plustransfer pricing dominates an entire class of actual cost-based transfer p
英语翻译
Proposition 1.Contribution-margin transfer pricing dominates cost-plus transfer
pricing.
Our finding complements Sahay’s (2003,Proposition 1) finding that cost-plus
transfer pricing dominates an entire class of actual cost-based transfer pricing
methods with markups that are not conditioned on the buyer’s revenues.Proposition 1
is also related to Baldenius,Reichelstein,and Sahay (1999,Propositions 4 and 5),
who show for each of the two one-sided investment cases that negotiated transfer
pricing (which technically equals contribution-margin transfer pricing with
exogenous γ ) dominates reported standard-cost transfer pricing under constrained
cost reporting (which technically equals cost-plus transfer pricing).Re-interpreting
Proposition 1 shows that negotiated transfer pricing dominates constrained reported
standard-cost transfer pricing also for the bilateral investment case if the bargaining
power is distributed as outlined in Proposition 1.
Contribution-Margin versus Centralized Standard-Cost Transfer Pricing.
Having identified contribution-margin pricing as being superior to cost-plus transfer
pricing,we now compare contribution-margin transfer pricing with centralized
standard-cost transfer pricing.The two methods differ significantly in that,under
centralized standard-cost pricing the buyer neglects his cost information s1 at the trading stage,whereas under contribution-margin pricing there is a flexibility
advantage as the buyer bases his trade decision on his cost information.

英语翻译Proposition 1.Contribution-margin transfer pricing dominates cost-plus transferpricing.Our finding complements Sahay’s (2003,Proposition 1) finding that cost-plustransfer pricing dominates an entire class of actual cost-based transfer p
命题1.贡献利润的转让定价主导成本加利润转移定价.
我们的发现补充萨海的（2003年,命题1）发现,成本加转让定价占主导地位的实际成本为基础的转让定价全班方法采用未对买方的收入条件标记.命题1也关系到Baldenius,Reichelstein和萨海（1999,命题4和5）,
谁显示两个片面的投资协议转让的每个案件
定价（在技术上相当于贡献利润的转让定价
外源性γ）占主导地位报告标准约束下的成本转移定价
成本报告（在技术上等于成本加利润的转让定价）.重新演绎
命题1表明,协议转让定价占主导地位的限制报道
标准成本转移定价也为双边谈判,如果投资案例
权力分配命题1中概述.
贡献毛利与集中式标准,成本转移定价.
经鉴定为优良贡献利润的定价成本加利润转移
定价,我们现在比贡献的利润率与集中的转让定价
标准成本转移定价.这两种方法大不相同,根据
中央标准成本定价买方忽略在交易中一阶段,他的成本信息,而根据贡献利润的定价,有弹性
作为买方的成本优势,立足于信息的贸易政策决定.