Zbaracki, Mark; Bergen, Mark; Levy, Daniel; Ritson, Mark - Department of Economics, Bar Ilan University - 2005
expenditures into these “pricing” production processes. We coin the term “pricing capital” for these investments, and suggest that … they can improve the efficiency of the “pricing production” activities by both reducing the costs of adjusting prices, and … of the existence as well as the importance of pricing capital in firms. The existence of firm-level “pricing capital” has …