were able to adjust prices continuously; prices determined how the firms were ranked and listed (lowest price listed first … model of price adjustment, characterizing the factors driving price changes and measuring how much these factors differ … across firms (i.e., strategy heterogeneity). We find evidence of managerial inattention as a cause of the price inertia …

can price-discriminate consumers. The data broker can strategically choose any segment of the consumer demand (information … structure) to sell to firms that implement third-degree price-discrimination. We show that the equilibrium profits of the data … the baseline model, we prove that these results hold under first-degree price-discrimination …

We study how mandatory online disclosure of supermarket prices affects prices and price dispersion in brick … in price dispersion and a 4% to 5% drop in prices following the transparency regulation. The price drop varied across …, we show that prices declined as more consumers used price-comparison websites, and we highlight the role of media …

led the merging parties to reposition their assortment and increase average category prices. While the low-variety and low-price …

efficient firms are active. This is likely to lead to price increases, rather than decreases …

The conventional view, as expounded by sticky-price models, is that price adjustment determines the PPP reversion rate …. This study examines the mechanism by which PPP deviations are corrected. Nominal exchange rate adjustment, not price …

We study price dynamics for computer components sold on a price-comparison website. Our fine-grained data — a year of … hourly price data for scores of rival retailers — allow us to estimate a dynamic model of competition, backing out structural … conditions rather than entering a new price. We use our model to simulate the counterfactual gains from automated price setting …