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In this paper, we examine the role of inventory in the price-setting behavior of a distributive firm. Empirically, we … show that probability of price change has a positive relation to the scale of the retailer's storage and the frequency of … its bargain sales. We also show a negative relation between the frequency of bargain sales and the price elasticity of …
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We carry out an experiment on a macroeconomic price setting game where prices are complements. Despite relevant … information being common knowledge and price flexibility we observe significant deviation from equilibrium prices and history …. Our findings cast light on price dynamics when subjects have limited computational capacities. -- Inflation Persistence …
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Categorization and Review of Unit Price Research -- Legislation and the Importance of Unit Prices in the Marketplace …With a series of experiments, Lena Himbert highlights the influence of the unit price’s unit of measure on the consumer …’s price-level perception and quality perception. Furthermore, this thesis shows that the unit price availability and …
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