Results 11 to 20 of about 5,175,490 (206)
Price Points and Price Rigidity [PDF]
SSRN Electronic Journal, 2008 We offer new evidence on the link between price points and price rigidity using two datasets. One is a large weekly transaction price dataset, covering 29 product categories over an eight-year period from a large U.S. supermarket chain. The other is from
Bergen, Mark +4 more
core +16 more sources
Price Low and then Price High or Price High and then Price Low? [PDF]
SSRN Electronic Journal, 2010 The paper presents an experiment testing the hypothesis that, if consumers do not have well defined preferences and as a result their valuation of a new product is shaped by past experiences of prices, it may be more profitable for firms to follow a strategy of pricing high and then lower.
Zizzo, Daniel John, Sitzia, Stefania
openaire +5 more sources
Price Points and Price Dynamics [PDF]
SSRN Electronic Journal, 2018 Abstract A standard model of price-setting is extended to include an important role for price points as well as sticky information. It makes empirically reasonable predictions about the frequency of price adjustments, the sizes of price increases and decreases, the shape of the hazard function, the fraction of price changes that are price increases ...
Hahn, Volker, Marencak, Michal
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Economic Inquiry, 2019 We investigate the practice of framing a price as a discount from an earlier price, with information such as “was $200, now $100.” We discuss two reasons why a discounted price—rather than a merely low price—can make a consumer more willing to purchase.
Armstrong, Mark, Chen, Yongmin
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Border prices and retail prices [PDF]
Journal of International Economics, 2009 We analyze retail prices and at-the-dock (import) prices of specific items in the Bureau of Labor Statistics' (BLS) CPI and IPP databases, using both databases simultaneously to identify items that are identical in description at the dock and when sold at retail.
David W. Berger +3 more
openaire +1 more source
Negative prices in network pricing games
Operations Research Letters, 2022 In a Stackelberg network pricing game, a leader sets prices for a given subset of edges so as to maximize profit, after which one or multiple followers choose a shortest path from their source to sink. We study the counter-intuitive phenomenon that the use of negative prices by the leader may in fact increase his profit.
Andrés Cristi, Marc Schröder 0002
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Commodity Price Forecasts, Futures Prices, and Pricing Models [PDF]
Management Science, 2019 Even though commodity-pricing models have been successful in fitting the term structure of futures prices and its dynamics, they do not generate accurate true distributions of spot prices. This paper develops a new approach to calibrate these models using not only observations of oil futures prices, but also analysts’ forecasts of oil spot prices.
Gonzalo Cortazar +3 more
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Ramsey prices, average cost prices and price sustainability [PDF]
International Journal of Industrial Organization, 1986 Abstract We study the relationship between sustainable and average cost prices in the multiproduct case. It is shown that for the case where costs are separable only average cost prices can be sustainable even if demands are interdependent. As for the non-separable cost case the notion of average cost prices is axiomatically defined as an extension ...
Leonard J. Mirman +2 more
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Arctic Science, 2020 Soils in the northern circumpolar region play a central role in the global carbon cycle because the release of carbon through permafrost thaw and geomorphological disturbances can potentially cause a feedback on climate.
Samuel Gagnon, Michel Allard
doaj +1 more source
Regulation and pricing of pharmaceuticals: Reference pricing or price cap regulation? [PDF]
European Economic Review, 2007 We study the relationship between regulatory regimes and pharmaceutical firms’ pricing strategies using a unique policy experiment from Norway, which in 2003 introduced a reference price (RP) system called “index pricing” for a sub-sample of off-patent pharmaceuticals, replacing the existing price cap (PC) regulation.
Kurt R. Brekke +2 more
openaire +5 more sources