Consumer bounded rationality and rigidity/flexibility retail price patterns

DOI10.1016/J.ECONLET.2012.04.003MaRDI QIDQ694895zbMATHOpenAlexFDO

Authors Ran Spiegler

Publication date 19 December 2012

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2012.04.003

zbMATH Keywords

samplingbounded rationalitysalesprice rigidityindustrial organizationregular prices

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Rationality and learning in game theory (91A26)

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Cited in

(7)

• Competition with list prices
• Does product complexity matter for competition in experimental retail markets?
• On the congruence between consumer tastes and market prices
• Regular prices and sales
• Pricing with bargain hunting consumers
• Patterns of competitive interaction
• Bertrand oligopoly with boundedly rational consumers

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