Showing 1 - 10 of 63,569
This paper shows that price rigidity evolves in an economy populated by imperfectly rational agents who experiment with …
Persistent link: https://www.econbiz.de/10011409938
Persistent link: https://www.econbiz.de/10011397801
Persistent link: https://www.econbiz.de/10002861458
Persistent link: https://www.econbiz.de/10009303196
Persistent link: https://www.econbiz.de/10003193794
Persistent link: https://www.econbiz.de/10001717855
Persistent link: https://www.econbiz.de/10009536458
This paper considers the problem of changing prices over time to maximize expected revenues in the presence of unknown demand distribution parameters. It provides and compares several methods that use the sequence of past prices and observed demands to set price in the current period. A Taylor...
Persistent link: https://www.econbiz.de/10012025378
Persistent link: https://www.econbiz.de/10012155192
Persistent link: https://www.econbiz.de/10011398898