This paper presents the main findings of a survey on wage and price formation of firms in Macedonia conducted in the first half of 2014. The main objective was to identify some relevant characteristics about the dynamics of wages and prices in Macedonia, clarifying the relationship between them,...

I use a unique data set of retail food prices to analyze mergers between supermarket chains. The data allow for an examination of the effects of mergers on prices, the frequency of promotions, and the depth of promotions. I find that increases in a chain's share of the total US food sales are...

The purpose of this paper is to examine the theory and practice of congestion pricing for the management of peak demand for infrastructure services, with particular consideration of its potential application to ADSL broadband Internet services.Rationing of a limited service through apportionment...

This article investigates the development and current state of pricing strategy research by undertaking a content analysis of 515 articles published in leading academic journals between 1995 and 2016. The results suggest several developments in research focus and methodology; recent research has...

Abstract We study the welfare implications of personalized pricing, an extreme form of third-degree price discrimination implemented with machine learning for a large, digital firm. We conduct a randomized controlled pricing field experiment to train a demand model and to conduct inferences...

This paper studies regulatory policy interventions aimed at protecting sticky consumers who are exposed to exploitation. We model heterogeneous consumer switching costs alongside asymmetric market shares. This setting encompasses many markets in which established firms are challenged by new...

Standard production-based markup estimators are biased and inconsistent when output prices are unobserved. Absent additional assumptions, researchers cannot disentangle whether firms have higher revenues because of higher productivity or higher markups. We propose a method that generates...

This paper studies regulatory policy interventions aimed at protecting vulnerable consumers who are disengaged and thus exposed to exploitation. We model heterogeneous consumer switching costs alongside asymmetric market shares. This setting encompasses many markets in which established rms are...

This paper identifies patterns of cross-sectional and temporal price dispersion-in the Spanish online grocery retail market-and evaluates the extent to which search costs and chain heterogeneity explain such dispersion. We build a data set comprising 836,074 prices for the most popular grocery...