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Pass-through determines how consumers respond to taxes. We investigate the impact of imperfect price information on …-informed consumers. Pass-through is higher for the minimum price, paid by well-informed consumers, than for the average price, paid by … uninformed consumers. Moreover, passthrough to the average price is non-monotonic with respect to the number of sellers. An …
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Pass-through determines how consumers respond to taxes. We investigate the impact of imperfect price information on …-informed consumers. Pass-through is higher for the minimum price, paid by well-informed consumers, than for the average price, paid by … uninformed consumers. Moreover, pass-through to the average price is non-monotonic with respect to the number of sellers. An …
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