An Empirical Investigation of Price Setting

该项目是通过采访大量负责许多不同类型企业定价的商人来收集有关定价政策的信息，然后将结果报告在文章和一本书中。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，价格是如何调整的。希望通过提供价格形成的知识和将通货膨胀与经济活动的一般水平联系起来的微观经济机制，对宏观经济学和工业组织的理论作出贡献。我还希望产生理论和经验假设，可以使用其他类型的信息，特别是定量数据进行测试。

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.