- because constant price changes can ultimately be very, very expensive. And they should consider how to communicate those price …

We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to … greater price adjustment costs result in greater price dispersion. Although the impact of price adjustment costs on price … dispersion became weaker over time, the causal effect of price adjustment costs on price dispersion is still present at the end …

We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to … greater price adjustment costs result in greater price dispersion. Although the impact of price adjustment costs on price … dispersion became weaker over time, the causal effect of price adjustment costs on price dispersion is still present at the end …

inflation, in which only the intensive margin (the size of price increases) adjusts in response to changes in demand and supply …? We would like to emphasize that our highly disaggregated consumer price data for the Euro area, consisting of 280 … commodity categories, strongly suggests that price increases (inflation) are influenced not only by aggregate trends but also by …

This paper develops a model where firms make state-dependent decisions on both pricing and acquisition of information …. It is shown that when information is not perfect, menu costs combined with the aggregate price level serving as an … endogenous public signal generate rigidity in price setting even when there is no real rigidity. Specifically, firms reveal their …

We use micro level retail price data from convenience stores to study the link between 0-ending price points and price … findings suggest that price adjustment barriers associated with round prices are strong enough to cause a systematic delay in … price adjustments even in a period of a runaway inflation, when 85 percent of the prices change every month. …

When and under what circumstances might people interpret a price increase as fair and acceptable is an important … prices increased following the spread of the COVID-19 pandemic. To assess respondents' fairness perceptions of price … the principle of dual entitlement, we find that respondents perceive price increases as fairer if they are due to cost …

"posted" price for the arriving consumer but privately commits to change price infrequently. Note such pricing may … conspicuously implement personalized pricing because of concerns about consumer and regulatory reprisals. This paper proposes and … applies a method which disguises personalized pricing as dynamic pricing. Specifically, a firm can sometimes tailor the …