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- W2079207988 abstract "This paper extends the theory of the determination of retail prices in a customer market to a shop selling many types of goods. For a multi-good shop, a discontinuous marginal revenue function for each good sold is derived. Under reasonable assumptions the size of this discontinuity depends only on the customer dynamics and is independent of own-price elasticities and cross-price elasticities. A discussion of the determination of producer prices shows how the theory can explain the relative stability of retail prices." @default.
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- W2079207988 date "1990-12-01" @default.
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- W2079207988 title "The Setting of Retail Prices in a Customer Market*" @default.
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- W2079207988 doi "https://doi.org/10.1111/j.1475-4932.1990.tb01737.x" @default.
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