Optimal Pricing with Costly Adjustment: Evidence from Retail-Grocery Prices

DOI10.1111/1467-937X.00036zbMath0908.90026OpenAlexW2067082882MaRDI QIDQ3839970

Margaret E. Slade

Publication date: 1 November 1998

Published in: Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/1467-937x.00036

zbMATH Keywords

adjusting pricesdiscrete-choice dynamic-programmingweekly retail prices

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Microeconomic theory (price theory and economic markets) (91B24) Dynamic programming (90C39) Economic growth models (91B62)

Related Items (12)

Strategic incentives in dynamic duopoly ⋮ Pseudo-likelihood estimation and bootstrap inference for structural discrete Markov decision models ⋮ Dynamic inventory and pricing policy in a periodic-review inventory system with finite ordering capacity and price adjustment cost ⋮ Price and Inventory Dynamics in an Oligopoly Industry: A Framework for Commodity Markets ⋮ Uniform pricing strategy vs. price differentiation strategy in the presence of cost saving and demand increasing ⋮ Joint analysis of the discount factor and payoff parameters in dynamic discrete choice models ⋮ Dynamic pricing for perishable items with costly price adjustments ⋮ Joint pricing and inventory management with deterministic demand and costly price adjustment ⋮ Dynamic discrete choice structural models: a survey ⋮ Impact of price-adjustments costs on integration of pricing and production planning of multiple-products ⋮ Quality distortions in vertical relations ⋮ Sufficient statistics for unobserved heterogeneity in structural dynamic logit models

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