This paper is the
commencement of a large-scale project to examine the competitive
structure of multiple markets.
This paper examines
whether long-term customers are indeed less price sensitive. It
analyses actual price increases from a service provider.
This paper examines how
consumers might exhibit reference dependence, loss aversion and
diminishing sensitivity to larger losses or gains. It uses a
survey-based experiment in which consumers were given shopping
scenarios involving the price of a good changing after they
purchased it.