{"id":"https://openalex.org/W3124615493","doi":"https://doi.org/10.1111/ecoj.12178","title":"Price Response, Asymmetric Information and Competition","display_name":"Price Response, Asymmetric Information and Competition","publication_year":2014,"publication_date":"2014-08-20","ids":{"openalex":"https://openalex.org/W3124615493","doi":"https://doi.org/10.1111/ecoj.12178","mag":"3124615493"},"language":"en","primary_location":{"id":"doi:10.1111/ecoj.12178","doi":"https://doi.org/10.1111/ecoj.12178","is_oa":false,"landing_page_url":"https://doi.org/10.1111/ecoj.12178","pdf_url":null,"source":{"id":"https://openalex.org/S45992627","display_name":"The Economic Journal","issn_l":"0013-0133","issn":["0013-0133","1468-0297","1742-0350"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311648","host_organization_name":"Oxford University Press","host_organization_lineage":["https://openalex.org/P4310311648","https://openalex.org/P4310311647"],"host_organization_lineage_names":["Oxford University Press","University of Oxford"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Economic Journal","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5108251503","display_name":"Joshua Sherman","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I129774422","display_name":"University of Vienna","ror":"https://ror.org/03prydq77","country_code":"AT","type":"education","lineage":["https://openalex.org/I129774422"]}],"countries":["AT"],"is_corresponding":false,"raw_author_name":"Joshua Sherman","raw_affiliation_strings":["University of Vienna"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Vienna","institution_ids":["https://openalex.org/I129774422"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5034236412","display_name":"Avi Weiss","orcid":"https://orcid.org/0000-0002-0199-9368","observed_orcids":["https://orcid.org/0000-0002-0199-9368"]},"institutions":[{"id":"https://openalex.org/I13955877","display_name":"Bar-Ilan University","ror":"https://ror.org/03kgsv495","country_code":"IL","type":"education","lineage":["https://openalex.org/I13955877"]}],"countries":["IL"],"is_corresponding":false,"raw_author_name":"Avi Weiss","raw_affiliation_strings":["Bar-Ilan University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bar-Ilan University","institution_ids":["https://openalex.org/I13955877"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":3384,"currency":"GBP","value_usd":4463},"apc_paid":null,"fwci":3.199,"has_fulltext":false,"cited_by_count":9,"citation_normalized_percentile":{"value":0.93987278,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"125","issue":"589","first_page":"2077","last_page":"2115"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9390000104904175,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9390000104904175,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.05860000103712082,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11898","display_name":"Economics of Agriculture and Food Markets","score":0.0012000000569969416,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/sticky-prices","display_name":"price stickiness","score":0.9729999899864197},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"information asymmetry","score":0.8489999771118164},{"id":"https://openalex.org/keywords/market-power","display_name":"market power","score":0.7200000286102295},{"id":"https://openalex.org/keywords/retail-pricing","display_name":"retail pricing","score":0.37700000405311584}],"concepts":[{"id":"https://openalex.org/C2775881736","wikidata":"https://www.wikidata.org/wiki/Q1274157","display_name":"Market power","level":3,"score":0.7749713063240051},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7254630923271179},{"id":"https://openalex.org/C160343418","wikidata":"https://www.wikidata.org/wiki/Q185256","display_name":"Rigidity (electromagnetism)","level":2,"score":0.6561723947525024},{"id":"https://openalex.org/C137577040","wikidata":"https://www.wikidata.org/wiki/Q431965","display_name":"Information asymmetry","level":2,"score":0.5910754203796387},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.5539252161979675},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.5475834012031555},{"id":"https://openalex.org/C148220186","wikidata":"https://www.wikidata.org/wiki/Q7111912","display_name":"Outcome (game theory)","level":2,"score":0.46588438749313354},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3606405556201935},{"id":"https://openalex.org/C2781127519","wikidata":"https://www.wikidata.org/wiki/Q43637","display_name":"Monopoly","level":2,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C66938386","wikidata":"https://www.wikidata.org/wiki/Q633538","display_name":"Structural engineering","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/ecoj.12178","doi":"https://doi.org/10.1111/ecoj.12178","is_oa":false,"landing_page_url":"https://doi.org/10.1111/ecoj.12178","pdf_url":null,"source":{"id":"https://openalex.org/S45992627","display_name":"The Economic Journal","issn_l":"0013-0133","issn":["0013-0133","1468-0297","1742-0350"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311648","host_organization_name":"Oxford University Press","host_organization_lineage":["https://openalex.org/P4310311648","https://openalex.org/P4310311647"],"host_organization_lineage_names":["Oxford University Press","University of Oxford"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Economic Journal","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320321449","display_name":"Bar-Ilan University","ror":"https://ror.org/03kgsv495"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":55,"referenced_works":["https://openalex.org/W1481945423","https://openalex.org/W1484713480","https://openalex.org/W1489741075","https://openalex.org/W1527820337","https://openalex.org/W1528778751","https://openalex.org/W1577414360","https://openalex.org/W1591719471","https://openalex.org/W1600606843","https://openalex.org/W1602009843","https://openalex.org/W1840218356","https://openalex.org/W1840704802","https://openalex.org/W1850144107","https://openalex.org/W1890161373","https://openalex.org/W1928658529","https://openalex.org/W1970657969","https://openalex.org/W1975391598","https://openalex.org/W1986663894","https://openalex.org/W1986989146","https://openalex.org/W1991990463","https://openalex.org/W2000725910","https://openalex.org/W2003255252","https://openalex.org/W2003707749","https://openalex.org/W2009459492","https://openalex.org/W2015584065","https://openalex.org/W2031174730","https://openalex.org/W2040433803","https://openalex.org/W2042181917","https://openalex.org/W2054993049","https://openalex.org/W2060499200","https://openalex.org/W2075407454","https://openalex.org/W2082524842","https://openalex.org/W2089602956","https://openalex.org/W2096862482","https://openalex.org/W2097016884","https://openalex.org/W2104637378","https://openalex.org/W2114446587","https://openalex.org/W2123187852","https://openalex.org/W2125552045","https://openalex.org/W2128861104","https://openalex.org/W2145425050","https://openalex.org/W2152227850","https://openalex.org/W2152924545","https://openalex.org/W2161213325","https://openalex.org/W2161409011","https://openalex.org/W2168901169","https://openalex.org/W2289809641","https://openalex.org/W2313896093","https://openalex.org/W2512469588","https://openalex.org/W2570104920","https://openalex.org/W3024477906","https://openalex.org/W3122796133","https://openalex.org/W3122994457","https://openalex.org/W3125511954","https://openalex.org/W3125833735","https://openalex.org/W4249371010"],"related_works":["https://openalex.org/W3093314728","https://openalex.org/W7097495205","https://openalex.org/W7097422775","https://openalex.org/W2061906154","https://openalex.org/W7099548250","https://openalex.org/W7112846177","https://openalex.org/W2333032531","https://openalex.org/W1568971327","https://openalex.org/W1561675125","https://openalex.org/W2096862482"],"abstract_inverted_index":{"We":[0,33],"compare":[1],"predictions":[2],"from":[3],"a":[4],"theoretical":[5],"model":[6],"based":[7],"on":[8,66],"the":[9,12,20,55,58,78,87,90],"structure":[10],"of":[11,22,26,70,80],"main":[13],"outdoor":[14],"retail":[15],"market":[16,73],"in":[17,31],"Jerusalem":[18],"with":[19,72],"results":[21],"an":[23,47],"empirical":[24],"analysis":[25],"price":[27,45,68,94],"response":[28],"to":[29,51],"changes":[30],"cost.":[32],"find":[34],"that":[35,61],"firms":[36,71],"without":[37],"adjacent":[38],"competition":[39],"exhibit":[40],"both":[41],"upward":[42],"and":[43,57,89],"downward":[44,67],"rigidity,":[46],"outcome":[48],"we":[49],"ascribe":[50],"asymmetric":[52],"information":[53,84],"between":[54,86],"consumer":[56,88],"firm.":[59],"Given":[60],"previous":[62],"studies":[63],"have":[64],"focused":[65],"rigidities":[69],"power,":[74],"our":[75],"findings":[76],"highlight":[77],"importance":[79],"accounting":[81],"for":[82],"transitory":[83],"asymmetries":[85],"firm":[91],"when":[92],"studying":[93],"rigidity.":[95]},"counts_by_year":[{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2021-02-01T00:00:00"}
