Bailey court in London from 1685 to 1810. Before allowing for quality improvements we find that the real price of watches in …

, generating complementary cross-category price effects. To study pricing in supermarkets, an organizational form where these …

vehicle characteristics to present RD estimates of reserve price effects on auction outcomes. Our first set of results show … that, in line with the robust predictions of auction theory, an increase in reserve price decreases the number of bidders …, increases the likelihood the object remains unsold, and increases expected revenue conditional on sale. Reserve price effects …

considerable heterogeneity between sectors and price changes occur less frequently when measured by the average for individual … products. Second, the probability of price changes is not constant over time: prices are most likely to change one, four and … twelve months after they were previously set. Third, the distribution of price changes is wide, although a significant number …