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Price Gouging or Market Forces? Fairness Perceptions of Price Hikes in the Pandemic
We report the results of surveys we conducted in the US and Israel in 2020, a time when many prices increased following the spread of the pandemic.
Small Price Changes, Sales Volume, and Menu Cost
The finding of small price changes in many retail price datasets is often viewed as a puzzle.
Retail Pricing Format and Rigidity of Regular Prices
We study the price rigidity of regular and sale prices, and how it is affected by pricing formats (pricing strategies).
Zero-Ending Prices, Cognitive Convenience, and Price Rigidity
Using a large store level retail CPI data, we find that 0 ending prices are popular and rigid at convenience stores even when they offer little transaction convenience.
Potterian Economics
We explore the Potterian economic model and compare it to professional economic models to assess the consistency of the Potterian economic principles with the existing economic models.
