SEARCH

SEARCH BY CITATION

There is a large and rich literature in economics on monopoly pricing. However, a close examination of this literature reveals a surprising gap: there have been virtually no studies of Monopoly® pricing. We fill that void with an empirical examination of the pricing of the board game Monopoly®. In particular, we examine market-level, quarterly prices from 1990 to 2002 and find substantial evidence of the phenomenon of customary pricing. (JEL L83, L1, L12, Z11, D42)