We document countercyclical prices in the sparkling wine market during the holiday season. While quantity peaks, increasing more than 100%, prices uniformly decrease, by 16% in average. We investigate the role played by changes in aggregate elasticity when demand spikes. Using Nielsen retail...

In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...

In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...