Weekly retail gasoline prices in Windsor, Ontario, from 1989 to 1994 appear to respond faster to wholesale price … increases than to decreases, but exhibit a cyclic pattern inconsistent with a common explanation of response asymmetry. I … reconcile these observations through a model of price cycles. Prices on the downward portion of the cycle appear insensitive to …

responses to rivals' price advertising and find that small, non-advertising stores raise their prices of products advertised by … rivals beyond their baseline price increase, while larger, advertising stores raise by less their prices of rival …-advertised products. We find no reductions in price dispersion across stores with the introduction of price advertising. However, those …