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are presented which investigate customers' switching behavior if a (sub-)brand is unavailable and key determinants of the … resulting behavior are discussed. Various conditions are tested by taking into account context theory. The results reveal that …
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brand premia. A unique feature of the Swedish market allows me to rule out patients' inattention due to information costs as … mimics a reduction of switching costs and increases prices. While the effect of switching costs on prices in theory is … everyone acts as a medical expert and experiences fewer brand premia, prices decrease. …
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According to standard economic wisdom, fixed costs should not matter for pricing decisions. However, outside economics, it is widely accepted that firms need to increase their prices after a fixed cost rise. In this note, we show that a liquidity-constrained firm that maximizes lifetime profits...
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