Levy, Daniel C.; Snir, Avichai; Gotler, Alex; Chen, Haipeng - 2014 - Rev.: Nov. 5, 2014
Using data from three sources (a laboratory experiment, a field study, and a large US supermarket chain), we document a surprising asymmetric behavior of 9-ending prices: they are more rigid upward, but not downward, in comparison to non 9-ending prices. The data from the lab experiment and the...