We study the price adjustment practices and provide quantitative measurement of the
managerial and customer costs of price adjustment using data from a large US industrial …

The Review of Marketing Research annual series provides current, state-of-the-art articles
by the marketing field's leading researchers and academicians. In contrast to other research …

The Internet of Things (IoT) has connected an incredible diversity of devices in novel ways,
which has enabled exciting new services and opportunities. Unfortunately, IoT systems also …

This paper presents the results of a survey on price-setting behavior conducted on a large
random sample of Swedish firms. The median firm adjusts the price once a year. State-and …

The menu-cost interpretation of sticky prices implies that the probability of a price change
should depend on the past history of prices and fundamentals only through the gap between …

In this study, we empirically examine the extent of price rigidity using a unique store-level
time-series data set–consisting of (i) actual retail transaction prices,(ii) actual wholesale …

How does market power affect consumer perceptions and purchase behavior? In the
theoretically and pragmatically important context of price increases, we theorize that (i) …

Based on first-hand account, this paper offers evidence on price setting and price
adjustment mechanisms that were illegally employed under the Soviet planning and …

We analyse the adjustment of retail and services prices in a period of low inflation, using a
set of individual price data from the German Consumer Price Index which covers the years …

The magnitude of marginal costs and markups over marginal cost are empirical questions of
considerable general interest in economics. Microeconomists are interested in markups …