Garrod, Luke; Li, Ruochen; Russo, Antonio; Wilson, … - 2025
general demand function, we analyse the effects of cost changes in a seminal model of price dispersion, where some consumers … effects on price dispersion, depend upon whether demand is log-concave or log-convex. Furthermore, we examine whether the … results vary with the level of competition and analyse the relationship between pass-through and demand shocks under price …