competing products, the price of individual products tends to fall over the product lifetime. This holds true for more than 90 …% of the expenditure items underlying the U.K. consumer price index and has important normative implications. Constructing … a sticky price model featuring a product life cycle and rich amounts of heterogeneity, we explain how the optimal …

We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to … greater price adjustment costs result in greater price dispersion. Although the impact of price adjustment costs on price … dispersion became weaker over time, the causal effect of price adjustment costs on price dispersion is still present at the end …

at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price …

publicly report their charge prices. Our study evaluates the heterogeneous effects of this price transparency policy. We use a … synthetic control method that allows for heterogeneous treatment effects. We find that the price transparency policy not only …) hospitals’ past charge prices prior to adopting the price transparency law, that is, high-price hospitals reduce charge and …

This paper studies the price and employment response of firms to the introduction of a nation-wide minimum wage in … insignificant. In contrast, affected firms increased prices much more frequently. The price effect is prevalent across different … degree of price pass-through were high and firms rolled over the lion's share of the costs generated by the minimum wage to …

explains large price heterogeneities across buyers, drug classes, and time periods. Additionally, of the drug price variation … transaction volume, buyer's loyalty, and multiple drug purchases strengthens buyer's bargaining power and results in a drug price …

Digital media goods and digital media platforms exhibit cost structures and network effects that imply that price and …

probability), intensive margins (export value) and pricing strategy (export price). To this end, product-level restrictive TBTs … of restrictive TBTs adversely affect firms' intensive and extensive margins, but not significantly affect firms' price on …

In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on … competitive market characterised by uncertainty about the commodity price, if firms can respond to the revelation of demand …