)-type inventory management problem successfully accounts for these features of the data. Moreover, the model can account for import … and import price dynamics in the aftermath of large devaluations. In particular, desired inventory adjustment in response …

This paper attempts to explain one version of an empirical puzzle noted by Mankiw (2003): a Baumol-Tobin inventory …, and a revised version of the inventory-theoretic model that includes one-period noncash costs. The former model yields an …

field experiment, we assess such impact of ESL by studying how it shapes retail pricing practices and outcomes. Our general … role in pricing. To the best of our knowledge, ours is the first study to explore and quantify how ESL interacts with … retail strategy to affect retail pricing practices and retail outcomes. …

In this paper we argue that pricing is all about price changes, and that the costs of price changes are often … future pricing processes, and an understanding of the role that supply chains play in price change strategy. The framework … processes should be invested in to improve pricing effectiveness in the future. …