We study the link between price points and price rigidity, using two datasets - weekly scanner data and Internet data. We find that (i) 9 is the most frequently used price-ending for the penny, dime, dollar, and ten-dollar digits, (ii) the most common price changes are those that keep the price...

We study the link between price points and price rigidity, using two datasets containing over 100 million observations. We find that (i) 9 is the most frequently used price-ending for the penny, dime, dollar and ten-dollar digits, (ii) 9-ending prices are between 24%-73% less likely to change in...