marginal cost schedule, aggregate output can vary if and only if the markup of price over marginal cost varies. In this review …

of services or unit price. We compare the treatment of heart attacks and newly diagnosed chest pain in HMOs and …

and referral agencies (R&Rs) in some markets. R&Rs provide consumers with information on availability, price, and … information reduces price dispersion, maximum price, and average price. With this model we examine empirically the effects of R … price dispersion and lower maximum prices. There is also some evidence that markets with R&Rs have lower average prices …

response to earn cigarette puffs. Changing the number of responses required per puff is conceptualized as a price manipulation …. Our experiments show that these price increases decrease cigarette consumption and that price elasticity of demand … increases with increases in price. When from 74 different smokers, participating in 17 different experiments, in our laboratory …

ethanol exposure via a variant of the Samson ethanol fading technique) respond to changes in the price of ethanol. For both … of ethanol exposure did not interfere with rats' ability to behave according to economic theory. In the first experiment …, rats responded only moderately to a 100% price increase (especially when compared to the response for the non …

This paper examines the relationship between price growth and skill intensity across 150 manufacturing industries … between 1989 and 1995. There are two main findings. First, wage growth and intermediate goods price increases are passed …-Samuelson theory of expanded trade with countries that are abundant in less-skilled workers, as well as with some models of …

its higher order moments, and in particular, its third moment the skewness of the price change distribution. Evidence … independence of relative price changes and inflation that is assumed in neo- classical models. More recently, New Keynesian … macroeconomists have shown that the strong positive correlation between inflation and the skewness of the price change distribution is …

to explain the size of the declines in output and real wages that follow increases in the price of oil. Plausibly …

roughly doubled. The price response to generic entry of brand-name products has been a source of controversy. In this paper we … estimate models of price responses to generic entry in the market for brand-name and generic drugs. We study a sample of 32 … increase after entry and are accompanied by large price decreases in the price of generic drugs …