Ray, Sourav; Haipeng (Allan) Chen; Bergen, Mark; Levy, … - Department of Economics, Bar Ilan University - 2005
Asymmetric pricing is the phenomenon where prices rise more readily than they fall. We articulate, and provide … empirical support for, a theory of asymmetric pricing in wholesale prices. In particular, we show how wholesale prices may be … of the results for the asymmetric pricing, distribution channels and cost of price adjustment literatures, and …