residential electricity market, we document evidence of consumer inertia. We estimate an econometric model of retail choice to …

increases with delayed compliance, iii) equilibrium prices may not be unique, and iv) the delayed compliance equilibrium may … discovered by market forces. We then present two examples which are not invariant to compliance timing. If permit allocation is …Cap and trade programs have considerable heterogeneity in permit validity and compliance timing. For example, permits …

While time-varying retail electricity pricing is very popular with economists, that support is not matched among … electricity pricing -- critical-peak pricing -- and suggest how it might be designed to more accurately match retail price spikes …

exporters. In particular, high market-specific fixed costs of exporting, the (lack of) quality of the general contracting … terms of the total value of shipments and the number of products exported as well as in terms of prices and quantities …

flexibility is mainly driven by movers and short tenure workers. The cross-country comparison suggests that the relatively high …

We document basic facts about prices in online markets in the U.S. and Canada, a rapidly growing segment of the retail … sector. Relative to prices in regular stores, prices in online markets are more flexible as well as exhibit stronger pass … our dataset to show that degree of competition, stickiness of prices, synchronization of price changes, reputation of …