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Price theory is concerned with explaining economic activity in terms of the creation and transfer of value, which includes the trade of goods and services between difierent economic agents. A puzzling question addressed by price theory is, for example: why is water so cheap and diamonds
16 sie 2023 · We study the rigidity of regular and sale prices, and how it is affected by pricing formats (i.e. pricing strategies). We use data from three large Canadian stores with different pricing formats (Every-Day-Low-Price, Hi-Lo and Hybrid) that are located within a 1 km radius of each other.
1 lis 2023 · In other words, dynamic pricing fine-tunes prices to accommodate variations in price sensitivity of demand across micro-segments based on consumers, products, periods, and places.
European Journal of Economics and Economic Policies: Intervention. On the empirical regularities of Sraffa prices
Regular Prices and Sales Paul Heidhues ESMT and CEPR Botond K}oszegi University of California, Berkeley December 2011 Abstract We study the properties of a pro t-maximizing monopolist’s optimal price distribution when selling to a loss-averse consumer, where (following K}oszegi and Rabin (2006)) we assume that
We study different notions of sale and regular prices, and their variability with store pricing - formats. We us e data from three large stores with different pricing - formats (EDLP /Hi- Lo/Hybrid) that are located within 1 - km radius.
price theory--the analysis of why things cost what they do and of how prices function to coordinate economic activity. This book is organized into six sections.