Retail prices for a product vary across time and places. The sources that drive price disp ersion can be grouped into three categories: (i) price diffrences across markets, (ii) price diferences across stores in a market, ...

The current work is based on a restaurant where the main product, the buffet, has an unknown cost. This fact prevents the reasoned definition of a selling price determined quantitatively. The owners, therefore, priced ...

The dearest explanation for a serial's increase in price is the growth in its number of pages. The authors studied a sample of 141 titles extracted from ISI between 1978 and 1992, including serials from around the world, ...

© 2018 Elsevier Inc.Politicians and analysts frequently call for stricter regulation of personal loans. Two variables that are easy to measure, and therefore easy to include in regulations and public policy, are purchase ...

BACKGROUND: Regular salt is about 100% sodium chloride (NaCl). Low-sodium salts have reduced sodium chloride content, most commonly through substitution with potassium chloride (KCl). Low-sodium salts have a potential ...

Price promotions are a ubiquitous practice in the retail market and often consumers are overwhelmed by the variety of price schemes. Using a natural field experiment with a jewelry store, the present study tested the price ...

© 2018 Elsevier B.V.In this work we prove that designing PPMs is equivalent to finding stopping rules for prophets. This extends the connection that any prophet type inequality can be turned into a PPM with the same ...

A definição de estratégias de preço promocional eficientes é fundamental para atrair consumidores, gerar receita e otimizar a lucratividade das organizações. Pesquisas empíricas sugerem que, na América Latina, as vendas ...

This paper aims at contributing to the research agenda on the sources of price stickiness, showing that the adoption of nominal price rigidity may be an optimal firms' reaction to the consumers' behavior, even if firms ...