The authors propose and empirically investigate the effect of category-specific attributes as
important factors associated with the change in pre-versus post-loyalty program introduction …

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 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 …

We assess the role of cognitive convenience in the popularity and rigidity of 0-ending prices
in convenience settings. Studies show that 0-ending prices are common at convenience …

Using millions of individual gasoline prices collected at a daily frequency, we examine the
speed at which market prices of refined oil are transmitted to retail gasoline prices in France …

This article reviews the literature on Christmas economics. First, we present an overall
picture of the debate on the potential welfare loss of gift‐giving and we show strategies that …

All enterprises, regardless of industry, are exposed to fraud risk. In the retail industry, the
perpetrators of fraud manipulate the sales price of products instead of the quantity sold to …

We document an asymmetry in the rigidity of 9-ending prices relative to non-9-ending prices.
Consumers have difficulty noticing higher prices if they are 9-ending, or noticing price …

How often do the nominal prices of individual goods change? What is the nature of costs of
price adjustment? How big are these costs? Answering these questions may be important …

A stream of recent research considers the practice of random price discounts (aka
randomized pricing) when selling to forward-looking customers and shows that such pricing …