Levy, Daniel C.; Chen, Haipeng; Ray, Sourav; Bergen, Mark - 2004 - [Elektronische Ressource]
, 30, doubted he would even notice the higher prices for cereal on his next grocery
trip. ‘A few cents? Naw, that’s no big …, June 2, 2001, 7:20am ET (“General Mills Hikes Prices”)
1. Introduction
Do prices adjust asymmetrically? We often hear … about gas prices that seem to be “rising like
rockets … [but]… falling like feathers,”
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or food prices, where “retail …