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Does a specific price, price advertising or a price tag violate the German law against unfair competition (UWG) or the … German Price Indication Ordinance (PAngV)? The analysis of these legal questions requires assumptions about legislation and … with the findings of behavioural sciences on the “real” price-related behaviour of consumers.It compiles the findings of …
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gasoline market. Transparent environments enable easy price comparisons and match findings. Restricting transparency such that … games of incomplete information with very lax data requirement. …
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Most of the literature on retail fuel markets find high-frequency and asymmetric price cycles. This is typically … explained by the model of Edgeworth price cycles. A key element of this model is that prices fall to marginal costs during a …
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