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Sharp nonparametric bounds are derived for Hicksian compensating and equivalent variations. These 'i-bounds' generalize earlier results of Blundell, Browning and Crawford (2008). We show that their e-bounds are sharp under the Weak Axiom of Revealed Preference (WARP). They do not require...
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the profit of sellers. One such obfuscation strategy is partitioned pricing in which the price is split into a base price … differences in the reaction to marginal changes in add-on fees and the base price as well as a discontinuous effect of a zero fee …. The model is based on a framework on limited attention and I estimate it using web scraped data of posted price …
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the profit of sellers. One such obfuscation strategy is partitioned pricing in which the price is split into a base price … differences in the reaction to marginal changes in add-on fees and the base price as well as a discontinuous effect of a zero fee …. The model is based on a framework on limited attention and I estimate it using web scraped data of posted price …
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