Showing 951 - 960 of 1,054
Persistent link: https://www.econbiz.de/10003543746
Persistent link: https://www.econbiz.de/10003228646
Persistent link: https://www.econbiz.de/10003273871
Persistent link: https://www.econbiz.de/10003947881
If producers have more information than consumers about goods' attributes, then they may use non-price (rather than price) adjustment mechanisms and, consequently, the market may reach a new equilibrium even if prices don't change. We study a situation where producers adjust the quantity per...
Persistent link: https://www.econbiz.de/10011525750
Persistent link: https://www.econbiz.de/10011967045
Persistent link: https://www.econbiz.de/10011967066
We document an asymmetry in the rigidity of 9-ending prices relative to non-9-ending prices. Consumers have difficulty noticing higher prices if they are 9-ending, or noticing price-increases if the new prices are 9-ending, because 9-endings are used as a signal for low prices. Price setters...
Persistent link: https://www.econbiz.de/10011952104
Persistent link: https://www.econbiz.de/10011758204
Persistent link: https://www.econbiz.de/10011758215