If producers have more information than consumers about goods’ attributes, then they may use non-price (rather than … conditions. Although consumers should be indifferent between equivalent changes in goods' prices and quantities, empirical … evidence suggests that consumers often respond differently to price changes and equivalent quantity changes. We offer a …

We document an asymmetry in the rigidity of 9-ending prices relative to non-9-ending prices. Consumers have difficulty …

consumers perceive them as being relatively low. Are 9-ending prices really lower than comparable non 9-ending prices … findings imply that although consumers may associate 9-ending prices with low prices, the data indicates otherwise. The fourth … finding offers a possible explanation for this misperception. Retailers may be using 9-ending prices to draw consumers …

If producers have more information than consumers about goods’ attributes, then they may use non-price (rather than … conditions. Although consumers should be indifferent between equivalent changes in goods' prices and quantities, empirical … evidence suggests that consumers often respond differently to price changes and equivalent quantity changes. We offer a …

If producers have more information than consumers about goods’ attributes, then they may use non-price (rather than … conditions. Although consumers should be indifferent between equivalent changes in goods' prices and quantities, empirical … evidence suggests that consumers often respond differently to price changes and equivalent quantity changes. We offer a …