-binding algorithmic price recommendations and observed delay in price adjustments by decision makers, we demonstrate that a control …

-binding algorithmic price recommendations and observed delay in price adjustments by decision makers, we demonstrate that a control …

In Chapter 1, I examine the frequent use of recommended retail prices by manufacturers.I present a model in which price … recommendations convey information to consumers aboutaggregate market conditions. The manufacturer uses recommendations to directly … through cheap talk. A ban on recommendations can be welfare reducing,harming both consumers and the manufacturer. Price …

We model non-binding retail-price recommendations (RPRs) as a communication device facilitating coordination in …

We model non-binding retail-price recommendations (RPRs) as a communication device facilitating coordination in …

This paper provides a theoretical rationale for non-binding retail price recommendations (RPRs) in vertical supply …

This paper provides a theoretical rationale for non-binding retail price recommendations (RPRs) in vertical supply …

This paper provides a theoretical rationale for non-binding retail price recommendations (RPRs) in vertical supply …