The authors develop and test a model to study the influence of inventory-on-hand and price-based reference points on … positive and negative deviations from category price expectations. The model is estimated on eleven product categories. The …

We investigate the relationship between inflation and price variation using highly disaggregated, weekly price data for … rates of price change and price dispersion, both at the level of individual products and product groups. However, we find no … correlation between the rates of price change and price variability. Together with results from similar studies, Tommasi (1993 …

design an experiment to study whether such commodity transfers can be viewed as investments based on trust and reciprocity …, or whether they rather resemble presents with distributional intentions. Our experiment essentially modifies Berg et al …

employees to accept lower wages as well? As an alternative to reviewing statistical data, we have performed an experiment with a … lower competitive wage in the second phase of an employment relationship that is known to both parties. The experiment casts …

We investigate simultaneous and sequential price competition in duopoly markets with differentiated products. In both … economics ; heterogeneous duopoly ; price leadership ; simultaneous play ; first-mover disadvantage ; strategy method …