This chapter reviews the role of temporary price and wage rigidities in explaining of the
dynamic relationship between money, real output, and inflation. The key properties to be …

The last decade has seen a burst of micro price studies. Many studies analyze data
underlying national CPIs and PPIs. Others focus on more granular subnational grocery store …

We use store-level data to document the exact process of changing prices and to directly
measure menu costs at five multistore supermarket chains. We show that changing prices in …

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 …

Pricing as a Strategic Capability Page 1 Dutta, Shantanu; Bergen, Mark; Levy, Daniel; Ritson,
Mark; Zbaracki, Mark Article — Accepted Manuscript (Postprint) Pricing as a Strategic …

We use a unique store-level data set to directly measure menu costs and to study the price
change process at a large US drugstore chain. We compare and contrast the magnitude of …

Retailers claim that they provide the products that consumers want but there is a much more
complex dynamic process underpinning this relationship than the idea of consumer …

We study the link between price points and price rigidity using two data sets: weekly scanner
data and Internet data. We find that “9” is the most frequent ending for the penny, dime …

We consider a problem of dynamically pricing a single product sold by a monopolist over a
short time period. If demand characteristics change throughout the period, it becomes …