Previous studies have found that price promotions lead to a decrease in the average prices of seasonal goods in high … demand season, countering the predictions of basic supply and demand. I explain this trend by proposing that price …-sensitive consumers are less likely to search in low demand periods, changing consumer composition and decreasing aggregate price …

R Us exclusive Bearakat was the most sought after Hatchimal version, earning a price premium of 23%. In contrast, the … Walmart and Target exclusive Hatchimal versions earned rather modest price premiums of 4-5%. Most sellers were amateurs …