The widespread availability of digital technologies has made mandatory price disclosure policies (MPD) a convenient tool for policymakers to increase price transparency and foster competition. The literature has shown that these can increase or decrease prices. We shed light on the circumstances...

In this paper, digital transformation is included in the heterogeneity model of firms. Based on a general equilibrium analysis, we find that under the effect of diminishing marginal productivity, digital transformation does not always have a positive impact on firms' markups, but has an...

While many companies use algorithms to optimize their pricing, additional human oversight and price interventions are widespread. Human intervention can correct algorithmic flaws and introduce private information into the pricing process, but it may also be based on less sophisticated pricing...