Ray, Sourav; Chen, Haipeng; Bergen, Mark; Levy, Daniel - EconWPA - 2005
of the results for the asymmetric pricing, distribution channels and cost of price adjustment literatures, and …Asymmetric pricing is the phenomenon where prices rise more readily than they fall. We articulate, and provide … empirical support for, a theory of asymmetric pricing in wholesale prices. In particular, we show how wholesale prices may be …