Optimal price setting during a currency changeover: theory and evidence from french restaurants
This article studies firms’ price-setting decision during a currency changeover. Buyers’ difficulties with the new nominal price level may create incentives to raise prices temporarily but doing so comes at the risk of damaging a seller’s standing as a fair retailer. We model firms’ trade-off and st...
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| Hauptverfasser: | , , |
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| Dokumenttyp: | Article (Journal) |
| Sprache: | Englisch |
| Veröffentlicht: |
06 May 2014
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| In: |
Applied economics
Year: 2014, Jahrgang: 46, Heft: 23, Pages: 2766-2782 |
| ISSN: | 1466-4283 |
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| Verfasserangaben: | Nicoletta Berardi, Thomas Eife & Erwan Gautier |