Levy, Daniel; Müller, Georg; Chen, Haipeng; Bergen, Mark; … - Volkswirtschaftliche Fakultät, … - 2008
, become more urgent during holidays. As a result, the holiday-period opportunity cost of price adjustment may increase … price change is lower during holiday periods, even after accounting for cost changes. Moreover, we find that the probability … of a price change increases with the size of the cost change, during both, the holiday as well as non-holiday periods. We …