The Administered-Price Hypothesis Revisited
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Keywordsadministered pricing hypothesis; transaction and list prices; price equation; price rigidity; market structure;
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
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