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Journal article
Shrinkflation
Economics letters [e-journal], v 244, 111959
08 Sep 2024
Featured in Collection : Research Supported by Drexel Libraries' OA Programs
Abstract
To maintain profitability amid rising costs, firms resort to shrinkflation, reducing product sizes. This paper shows that the presence of inattentive consumers lead to higher per-unit prices, especially in less competitive markets. Shrinkflation reduces consumer utility, necessitating regulatory action.
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1 citations in Scopus
Details
- Title
- Shrinkflation
- Creators
- Konstantinos Serfes (Corresponding Author) - Drexel University, Economics (School of Economics)Evangelia Chalioti - Yale University
- Publication Details
- Economics letters [e-journal], v 244, 111959
- Publisher
- Elsevier
- Number of pages
- 3
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Economics (School of Economics)
- Web of Science ID
- WOS:001313164400001
- Scopus ID
- 2-s2.0-85203253590
- Other Identifier
- 991021900514504721
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- Collaboration types
- Domestic collaboration
- Web of Science research areas
- Economics