This paper reports the results from a survey on price-setting behavior of a large random sample of Swedish firms …. Prices are found to adjust only infrequently; the median firm adjusts the price once a year. State-dependent pricing is found … research, four of the theories of price rigidity are ranked by the respondents among the top-five places in all three studies. …

model we apply it to optimal pricing policies. We use a large Austrian data set, which consists of the direct price …, regressing the proportion of attractive prices and, separately, the excess proportion of price changes at the beginning of a year … of price changes, the higher is the incidence of time- and state-regular adjustment …

vehicle characteristics to present RD estimates of reserve price effects on auction outcomes. Our first set of results show … that, in line with the robust predictions of auction theory, an increase in reserve price decreases the number of bidders …, increases the likelihood the object remains unsold, and increases expected revenue conditional on sale. Reserve price effects …

This paper studies asymmetric price responses of individual firms, via daily retail prices of almost all gasoline … the stations respond asymmetrically to changes in the spot market price. Hence, asymmetric pricing is not a feature of the …

latter, the add-on's effect on the base product's price will be ambiguous. Cross-subsidization between products to bait … uninformed consumers might lower, intrinsic utility from the add-on for informed consumers might raise the price. We study this …

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 …

intuition is as follows. In larger markets, price-cost margins are smaller since the number of active firms is larger. This …-defined geographical markets of different sizes. Using data on hair salons in Sweden, we show that an increase in market size or fixed …