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This paper reports the results from a survey on price-setting behavior of a large random sample of Swedish firms …. Prices are found to adjust only infrequently; the median firm adjusts the price once a year. State-dependent pricing is found … research, four of the theories of price rigidity are ranked by the respondents among the top-five places in all three studies. …
Persistent link: https://www.econbiz.de/10010321343
Two-sided network effects in card payment systems are analysed under different market structures, e.g., competition, one-sided monopoly, bilateral monopoly and duopoly; with and without an interchange fee; for the so-called Baxter's case of non-strategic merchants. A partial ranking of market...
Persistent link: https://www.econbiz.de/10010321347
transactions. It is divided in two parts. The first part consists of a survey of the price setting and payment practices of a large … extent is used for price setting, invoicing and payment for exports to third parties. We also find that the currency of the …
Persistent link: https://www.econbiz.de/10010320795