This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health …

price expectations. In an incentivised valuation task, participants are endowed with a mug and provide their willingness to … accept (WTA) to sell it. We manipulate the sale price in a separate, exogenous forced sale scenario, which is predicted to … produce a 'comparison effect', moving WTA in the opposite direction to the forced sale price. Consistent with the theory, we …

for a 3D movie when the 3D surcharge is shrouded, but they also drop out more often when the overall price is shown at the … checkout. In sum, the demand distribution is independent of the price presentation. This result outlines the limits of the …

the degree of price rigidity that is inherent to the price setting mechanism (intrinsic) and that which is due to the … price's driving variables (extrinsic). Using two data sets consisting of a large fraction of the price quotes used to … compute the Belgian and French CPI, we are able to assess the role of intrinsic and extrinsic price stickiness in explaining …

different policy implications. We propose a Bayesian estimation and predictive framework to analyze the effects and relative …