A model of recommended retail prices

Price Transparency and Retail Prices

Price transparency initiatives are typically undertaken by third parties to ensure that consumers can compare the prices of competing offers in markets where obtaining such information is costly. Such practices have recently become widespread, yet it is unclear whether the increased price competition due to lower search costs overcomes the potential for collusion between competitors due to lowe...

Why Suggest Non-Binding Retail Prices?

We provide a simple behavioral explanation of why manufacturers frequently announce non-binding suggested retail prices for their products. Our model is based on the assumption that once the actual price for a product exceeds its suggested retail price, the marginal propensity to consume suddenly jumps downward. We show that this may induce a monopolistic retailer to set the price equal to the ...

A national survey of cigarette prices at military retail outlets.

forcement of the law while litigation is pending. To be granted a preliminary injunction, the requesting party must show their case is likely to succeed on the merits. Cooke’s order provides a preview into the approach the court will take in analyzing the merits of the case and suggests the law is unlikely to withstand legal challenge. After establishing that the law concerns the First Amendmen...

Do Daily Retail Gasoline Prices adjust Asymmetrically?

investigating the feasibility of a proposed model for geometric design of deployable arch structures

deployable scissor type structures are composed of the so-called scissor-like elements (sles), which are connected to each other at an intermediate point through a pivotal connection and allow them to be folded into a compact bundle for storage or transport. several sles are connected to each other in order to form units with regular polygonal plan views. the sides and radii of the polygons are...