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This paper considers the problem of changing prices over time to maximize expected revenues in the presence of unknown demand distribution parameters. It provides and compares several methods that use the sequence of past prices and observed demands to set price in the current period. A Taylor...
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We examine the relation between consumer search and equilibrium prices when collusion is endogenously determined. We develop a theoretical model and show that average price is a U-shaped function of the measure of searchers: prices are highest when there are no searchers (local monopoly power)...
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How do judicial decisions influence political discourse, particularly in areas as contentious as abortion rights? This study investigates how the overturning of Roe v. Wade affected the narrative strategies of U.S. representatives on social media, focusing on variations by party affiliation and...
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