State Dependence and Alternative Explanations for Consumer Inertia
NBER Working Paper No. 14912
---- Acknowledgements -----
We thank Wes Hutchinson, Ariel Pakes, and Peter Reiss for comments and suggestions. We acknowledge the Kilts Center for Marketing at the Booth School of Business, University of Chicago for providing research funds. The first author was also supported by the Neubauer Family Faculty Fund, and the second author was also supported by the Beatrice Foods Co. Faculty Research Fund at the Booth School of Business. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.