how these differences influence price discounts which are a widely used retail tactic to generate customer attention … other markets, retailers discount component prices more than system prices. This relative price discounting of systems … systems market and to differing degrees of effort needed on the part of consumers to attend to price changes and reassess …

Prices that end with 9, also known as psychological price points, are common, comprising about 70% of the retail prices … price ending that has the same effects as 9-endings. In January 2014, the Israeli government passed a new regulation …. Thus, 90-ending prices became the new psychological price points, partially eliminating the regulation's intended effect …

"posted" price for the arriving consumer but privately commits to change price infrequently. Note such pricing may … conspicuously implement personalized pricing because of concerns about consumer and regulatory reprisals. This paper proposes and … applies a method which disguises personalized pricing as dynamic pricing. Specifically, a firm can sometimes tailor the …

bought for a large number of goods, in addition to consumer characteristics, we provide estimates of price elasticities of … demand and on the degree of demand-side real rigidities. We find that price elasticites of demand are about 4 in the median …

bought for a large number of goods, in addition to consumer characteristics, we provide estimates of price elasticities of … demand and on the degree of demand-side real rigidities. We find that price elasticities of demand are about 4 in the median …

from three large stores with different pricing-formats (EDLP/Hi-Lo/Hybrid) that are located within 1-km radius. Importantly …We study different notions of sale and regular prices, and their variability with store pricing-formats. We use data … combine these data with two “generated” regular price series and study their rigidity. Regular-price rigidity varies with …

This paper presents a model of asymmetric (S,s) pricing. We investigate whether the asymmetry on micro level is carried … softens this effect. The second type of asymmetry is the result of pricing behavior, thus of agent heterogeneity itself. -- (S …,s) pricing ; heterogeneity ; asymmetry ; four-state shocks …

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 remain sticky. We … study a situation where producers adjust the quantity (per package) rather than the price in response to changes in market …

performance of prominent pricing models. We show that standard time-dependent models are unable to reproduce either of these facts …. A realistically calibrated state-dependent menu cost model, in contrast, is successful in matching the observed price … responses. Its success lies in its ability to capture the exploding fraction of price changes for large shocks. The evidence …

individual-goods price adjustments, have stock returns that are always positively correlated with inflation. The cross …-sectional dispersion in this correlation is almost negligible, even though firms have very diverse micro-level pricing behavior. Because in … larger than in the model, and that correlations are negative about half the time. Furthermore, and also at odds with sticky-price …