Kleshchelski, Isaac (contributor); … - 2008
-monotonic relationship between the size of switching costs and the rate
of pass-through. In addition, we characterize the heterogenous …,
there is a non-monotonic relationship between the size of switching costs and the rate
of pass-through. When switching costs …-through a
large fraction of marginal cost changes into their prices. As switching costs increase,
customers become more attached …