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Why ask? the role of asking prices in transactions

Author

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  • Benjamin Lester

Abstract

Benjamin Lester explores why sellers sometimes use negotiable asking prices and why this method can lead to more efficient outcomes.

Suggested Citation

  • Benjamin Lester, 2015. "Why ask? the role of asking prices in transactions," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 1-4.
    • Handle: RePEc:fip:fedpbr:00026
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/2015/q4/brq415_why_ask.pdf
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    Cited by:

    1. Lester, Benjamin & Visschers, Ludo & Wolthoff, Ronald, 2017. "Competing with asking prices," Theoretical Economics, Econometric Society, vol. 12(2), May.

    More about this item

    Keywords

    Asking price; Goods; Services;
    All these keywords.

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