Results 231 to 240 of about 157,149 (309)

Search with Wage Posting under Sticky Prices [PDF]

open access: closedJournal of Money, Credit and Banking, 2021
AbstractThis paper examines the implications of interacting pricing frictions, labor market frictions, and consumption risk by comparing variants of a New Keynesian model. The model variants make alternative assumptions about whether hiring and pricing decisions occur within the same firm or across different firms, and whether workers pool income. Each
Andrew T. Foerster   +1 more
openalex   +2 more sources

Posting Drug Prices

open access: closedNew England Journal of Medicine, 1976

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Auctions Versus Posted-Price Selling [PDF]

open access: possibleAmerican Economic Review, 1991
wo most popular selling methods -- posted-price selling and auctions -- are compared in this paper. We confirm the common belief that auctions are most often used when the distribution of the object's value is widely dispersed. The choice of selling methods usually depends on the costs of displaying, storing and auctioning. In the absence of auctioning
Wang, Ruqu, Wang, Ruqu
openaire   +3 more sources

Posted prices vs. negotiations

Proceedings of the 9th ACM conference on Electronic commerce, 2008
The design of optimal auctions focuses on ways to negotiate with the bidders for eliciting relevant information that they hold. Sometimes, however, decisions should be made very quickly, and the auctioneer cannot allow a costly iterative procedure of negotiation or waiting for bidders to determine their exact valuation.
Liad Blumrosen, Thomas Holenstein
openaire   +1 more source

Post Keynesian Price Theory

History of Political Economy, 2000
This paper examines and develops the firm-centered price theory of Post Keynesian economics. It takes issue with the traditional interpretation of that theory, arguing that although its prices are cost-based, they are not cost-determined. The distinctiveness and significance of the theory are located elsewhere, in the strategic determination of prices ...
openaire   +2 more sources

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