We examine contributions that noise can make to the objective of detecting signal in agent expectations for price in … effects of random disturbances that are common in financial markets on the detection of signal in expectations for price. The …

a large empirical literature from the 1950's and 60's, that it is necessary to distinguish the response of price to an … two models that can potentially explain these findings. Both break the link between price and marginal cost, thereby … second is driven by firms pricing to limit non-price competition within their market …

Price management is one of the most central and sensitive elements of the process of managing a successful brand. Even … a small change in price can have a disproportionate change in profitability, thereby increasing the importance of …