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Is Perfect Price Discrimination Really Efficient? An Analysis of Free Entry
Bhaskar, V.; To, Ted - In: RAND Journal of Economics 35 (2004) 4, pp. 762-776
firms, and in the absence of coordination failures, perfect price discrimination provides incentives for firms to choose … product characteristics in a socially optimal way. However, with free entry, the number of firms is always excessive. Our …
Persistent link: https://www.econbiz.de/10005732217
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Managerial and Customer Costs of Price Adjustment: Direct Evidence from Industrial Markets
Zbaracki, Mark; Ritson, Mark; Levy, Daniel; Dutta, Shantanu - EconWPA - 2004
We study the price adjustment practices and provide quantitative measurement of the managerial and customer costs of price adjustment using data from a large U.S. industrial manufacturer and its customers. We find that price adjustment costs are a much more complex construct than the existing...
Persistent link: https://www.econbiz.de/10005076839
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Price setting and price adjustment in some European Union countries: Introduction to the special issue
Levy, Daniel; Smets, Frank - 2010
This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank's Inflation Persistence Network.
Persistent link: https://www.econbiz.de/10010336066
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Price Rigidity and Flexibility: New Empirical Evidence - Introduction to the Special Issue
Levy, Daniel - In: Managerial and Decision Economics 28 (2007) 7 (Special Issue: Price Rigidity and Flexibility: New Empirical Evidence), pp. 639-647
The marketplace, along with its price system, is the single most important institution in a western‐style free enterprise economy. The ability of prices to adjust to changes in supply and demand conditions enables the market to function efficiently, and that ability lies behind the magical...
Persistent link: https://www.econbiz.de/10012140550
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Price Setting and Price Adjustment in Some European Union Countries
Levy, Daniel; Smets, Frank - In: Managerial and Decision Economics 31 (2010) 2‐3 (Special Issue: Price Setting and Price Adjustment in Some European Union Countries), pp. 63-66
This introductory essay briefly summarizes the 11 empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank's Inflation Persistence Network.
Persistent link: https://www.econbiz.de/10012140552
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Price Rigidity and Flexibility: New Empirical Evidence
Levy, Daniel - Volkswirtschaftliche Fakultät, … - 2007
The marketplace, along with its price system, is the single most important institution in a western-style free enterprise economy. The ability of prices to adjust to changes in supply and demand conditions enables the market to function efficiently and lies behind the magical invisible hand...
Persistent link: https://www.econbiz.de/10005835391
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Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue
Levy, Daniel; Smets, Frank - Volkswirtschaftliche Fakultät, … - 2010
This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank’s Inflation Persistence Network.
Persistent link: https://www.econbiz.de/10008777363
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Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue
Levy, Daniel; Smets, Frank - Department of Economics, Bar Ilan University - 2010
This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank’s Inflation Persistence Network.
Persistent link: https://www.econbiz.de/10008873304
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Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue
Levy, Daniel; Smets, Frank - Deutsche Zentralbibliothek für … - 2010
This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank’s Inflation Persistence...
Persistent link: https://www.econbiz.de/10011095355
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Bank Competition and Firm Growth in the Enlarged European Union
Pellényi, Gábor; Borkó, Tamás - 2009
We examine the impact of bank competition and institutional factors on net firm entry in a sample of European … manufacturing industries over the 1995-2006 period. Taking into account industry differences in the need for external finance, we … find that bank competition helps firm entry. In addition, better institutions - especially legal structure and property …
Persistent link: https://www.econbiz.de/10011335556