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Promotion Ban and Heterogeneity in Retail Prices during the Great Lockdown
Hindriks, Jean; Madio, Leonardo; Serse, Valerio - 2021
promotions during the first two weeks of the lockdown, and the presence of local pricing retail chains (LP) competing with … uniform (national) pricing retail chains (UP). We decompose the price changes into the regular price, the frequency, and the …
Persistent link: https://www.econbiz.de/10012582137
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Price setting and price adjustment in some European Union countries: Introduction to the special issue
Levy, Daniel; Smets, Frank - 2010
This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank's Inflation Persistence Network.
Persistent link: https://www.econbiz.de/10010336066
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Inflation and relative price asymmetry
Ratfai, Attila - 2004
study evaluates the quantitative importance of idiosyncratic pricing shocks in short-run aggregate price change dynamics …. Robustly to alternative definitions of the relative price, identification schemes dictated by two-sided (S,s) pricing theory …
Persistent link: https://www.econbiz.de/10011604347
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Pricing Better
Ray, Sourav; Wang, Li; Levy, Daniel; Bergen, Mark - 2019
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. …
Persistent link: https://www.econbiz.de/10012052133
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Pricing as a Strategic Capability
Dutta, Shantanu; Bergen, Mark; Levy, Daniel; Ritson, Mark; … - In: MIT Sloan Management Review 43 (2002) 3 (April 15, 2002), pp. 61-66
Companies that know how to set the right prices for their products and services understand that pricing isn’t simply a …
Persistent link: https://www.econbiz.de/10012120363
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Price Rigidity and Flexibility: New Empirical Evidence - Introduction to the Special Issue
Levy, Daniel - In: Managerial and Decision Economics 28 (2007) 7 (Special Issue: Price Rigidity and Flexibility: New Empirical Evidence), pp. 639-647
The marketplace, along with its price system, is the single most important institution in a western‐style free enterprise economy. The ability of prices to adjust to changes in supply and demand conditions enables the market to function efficiently, and that ability lies behind the magical...
Persistent link: https://www.econbiz.de/10012140550
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Price Setting and Price Adjustment in Some European Union Countries
Levy, Daniel; Smets, Frank - In: Managerial and Decision Economics 31 (2010) 2‐3 (Special Issue: Price Setting and Price Adjustment in Some European Union Countries), pp. 63-66
This introductory essay briefly summarizes the 11 empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank's Inflation Persistence Network.
Persistent link: https://www.econbiz.de/10012140552
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Shattering the Myth of Costless Price Changes
Bergen, Mark; Ritson, Mark; Dutta, Shantanu; Levy, Daniel; … - In: European Management Journal 21 (2003) 6, pp. 663-669
Despite its centrality to the topic, very little attention has been paid to the topic of price changes. Indeed, for the most part, organisations operate under the myth of costless price changes. This article broadens the definition of the costs of changing price and then presents strategic...
Persistent link: https://www.econbiz.de/10012140591
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Pricing better
Ray, Sourav; Wang, Li; Levy, Daniel; Bergen, Mark - 2019
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. …
Persistent link: https://www.econbiz.de/10012387264
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Shattering the Myth of Costless Price Changes: Emerging Perspectives on Dynamic Pricing
Bergen, Mark; Dutta, Shantanu; Levy, Daniel; Ritson, Mark; … - 2003
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. …
Persistent link: https://www.econbiz.de/10013204739