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Raj Chetty

Published podcast speaker

Claims
23
Episodes
1
Shows
1
Named items
0

Claim ledger

What Raj said.

2 transcript-backed records

01 / prediction

Companies recognize that, when the tax is added at the end, it’s in their favor because consumers don’t cut back on demand as much as if the tax was included in the price, and that would force companies to basically cut prices and bear some of the costs of the tax.

“Companies recognize that, when the tax is added at the end, it’s in their favor because consumers don’t cut back on demand as much as if the tax was included in the price, and that would force companies to basically cut prices and bear some of the costs of the tax.”
Speaker
Raj Chetty
Publisher
Conversations with Tyler

02 / prediction

I think perhaps, although I would think the salience model would push you towards wanting to change prices more in some ways, because if consumers aren’t paying attention, in essence you’re facing an inelastic demand curve in the short run, and so you might want to catch them by surprise and occasionally have higher prices or lower prices.

“I think perhaps, although I would think the salience model would push you towards wanting to change prices more in some ways, because if consumers aren’t paying attention, in essence you’re facing an inelastic demand curve in the short run, and so you might want to catch them by surprise and occasionally have higher prices or lower prices.”
Speaker
Raj Chetty
Publisher
Conversations with Tyler
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