An Empirical Investigation of Price Setting

该项目通过采访许多不同类型的企业负责定价的商人，收集有关定价政策的信息，然后以文章和书籍的形式报告结果。目标是了解价格是如何设定的，以及当需求、成本或财务状况发生变化时如何调整价格。希望通过提供价格形成和将通货膨胀与经济活动总体水平联系起来的微观经济机制的知识，为宏观经济学和产业组织理论做出贡献。我还希望产生理论和经验假设，这些假设可以用其他类型的信息，特别是定量数据来检验。

The project is to gather information on pricing policies by interviewing a large number of businesspeople responsible for pricing in many different types of businesses and then to report the results in articles and a book. The objective is to learn how prices are set and how they are adjusted when demand, costs, or financial conditions change. The hope is to contribute to theories of macroeconomics and industrial organization by providing knowledge of price formation and of the microeconomic mechanisms linking inflation to the general level of economic activity. I hope also to generate theoretical and empirical hypotheses that could be tested using other kinds of information, and especially quantitative data.