Ray, Sourav; Haipeng (Allan) Chen; Bergen, Mark E.; … - In: Marketing Science 25 (2006) 2, pp. 131-154
Asymmetric pricing or asymmetric price adjustment is the phenomenon where prices rise more readily than they fall. We offer and provide empirical support for a new theory of asymmetric pricing in wholesale prices. Wholesale prices may adjust asymmetrically in the small but symmetrically in the...