Tuesday, January 19, 2016
Price Dispersion and Informational Frictions: Evidence from Supermarket Purchases
Dubois, Pierre and Perrone, Helena examine Price Dispersion and Informational Frictions: Evidence from Supermarket Purchases. ABSTRACT: Traditional demand models assume that consumers are perfectly informed about product characteristics, including price. However, this assumption may be too strong. Unannounced sales are...
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