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Advanced Economic Seminars 271: Information Frictions and the Paradox of Price Flexibility

Publisher:   Time:2019-11-21 10:08:58


Topic: Information Frictions and the Paradox of Price Flexibility


Lecturer: Shengliang OU, Shanghai University of Finance and Economics


Time: 3:00-4:30 p.m. November 25h, 2019 (Monday)


Venue: B423, Zhixin Building


Abstract: The topic of this seminar focuses on the effect of the change in the price rigidity on the consumers’ welfare, in the presence of the informational friction. The research found that consumers’ welfare losses are increasing in the price flexibility.

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