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dc.contributor.authorForos, Øystein
dc.contributor.authorNguyen-Ones, Mai
dc.date.accessioned2020-11-18T11:21:15Z
dc.date.available2020-11-18T11:21:15Z
dc.date.issued2020-11-18
dc.identifier.issn1500-4066
dc.identifier.urihttps://hdl.handle.net/11250/2688461
dc.description.abstractFirms may want to coordinate industry-wide price jumps that are predictable for rivals, however, unpredictable for consumers. We show how such coordination is carried out in Norwegian gasoline retailing. Overnight, the market leader initiated an equilibrium transition from regular to non-regular price jumps. Prior announcements of a non-transaction price variable, recommended prices, are used to coordinate the timing and the level of industry-wide price jumps.en_US
dc.language.isoengen_US
dc.publisherFORen_US
dc.relation.ispartofseriesDiscussion paper;14/20
dc.subjectPrice coordinationen_US
dc.subjectconsumer obfuscationen_US
dc.subjectprior announcementsen_US
dc.titleCoordinate to obfuscate? The role of prior announcements of recommended pricesen_US
dc.typeWorking paperen_US
dc.source.pagenumber8en_US


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