We characterize optimal state-dependent pricing rules under various forms of infrequent information. In all models … nature of infrequent information. In two benchmark cases with continuously available information, optimal pricing rules are … purely state-dependent. In contrast, in all environments with infrequent information, optimal pricing rules are both time …

their decision variable. In this paper, we develop a simple model which introduces infrequent information in a kinked …. Periodic releases of macroeconomic statistics or dividend announcements are examples of such infrequent information arrivals …