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theory. We further analyze the relevance of promotions, for which OOS is most pronounced, as essential driver of differences …
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shifts can be explained and predicted using context and phantom theory. In a series of experiments, we show that consumers …
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We study how consumer search affects pricing in markets with incumbents and entrants using panel data on German electricity retail markets. Consumers observe the baseline price of the incumbent and decide whether or not to search. Incumbent providers can price discriminate between searching and...
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