Hellberg-Bahr, Anneke; Pfeuffer, Martin; Spiller, Achim; … - International European Forum on Innovation and System … - 2011
The stickiness of prices and reasons for price changes are widely discussed in market analyses and marketing theory. Explanations and reasons of rigidities have shown that prices do not change as often in small retail stores and in markets with high concentration (Powers and Powers 2001, Hannan...