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Literature Review Jagrit Kumar 0676 by Bhavya Aggarwal is a document available to read on EtoBox.

What is Literature Review Jagrit Kumar 0676 about?

The study examines the impact of reference price effects on price elasticity of demand, utilizing a theoretical framework that accounts for short-, medium-, and long-term consumer behavior. It aims to differentiate between immediate and long-term elasticities while considering time-dependent effects, revealing that price sensitivity is influenced by the duration since a price change. The findings emphasize the importance of incorporating gain and loss parameters to improve elasticity estimations and inform

Author
Bhavya Aggarwal
Language
EN