Price Points and Price Rigidity
We study the link between price points and price rigidity using two data sets: weekly scanner data and Internet data. We find that ‘‘9’’ is the most frequent ending for the penny, dime, dollar, and ten-dollar digits; the most common price changes are those that keep the price endings at ‘‘9’’; 9-endi...
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Main Authors: | LEVY, Daniel, LEE, Dongwon, LEE, Haipeng (Allen), Kauffman, Robert J., Bergen, Mark |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2011
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Online Access: | https://ink.library.smu.edu.sg/sis_research/2186 https://ink.library.smu.edu.sg/context/sis_research/article/3186/viewcontent/rest_a_00178.pdf |
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Institution: | Singapore Management University |
Language: | English |
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