Brot-Goldberg, Zarek C. - 2015
) consumer price shopping (ii) quantity reductions and (iii) quantity substitutions, finding that spending reductions are … entirely due to outright reductions in quantity. We find no evidence of consumers learning to price shop after two years in …, conditional on their true expected end-of-year shadow price and their prior year end-of-year marginal price. In the first …
