prisholdbarhet
Prisholdbarhet is a term used in Norwegian economics to describe the degree to which prices remain stable over time, despite fluctuations in supply, demand, or costs. It encompasses both intentional price maintenance by firms and the natural rigidity of prices caused by contracts, menu costs, and regulatory frameworks.
Several factors influence prisholdbarhet, including fixed-price contracts and long-term supply agreements, price-matching policies, regulatory price controls,
Measurement of prisholdbarhet often looks at how frequently and by how much prices change, the typical duration
Benefits of higher prisholdbarhet include easier budgeting for households and firms, reduced short-term price volatility, and
Examples in practice include fixed-price promotions in retail, long-term supply contracts with price escalators, and regulated