Lesotho

This project examines price-setting behavior in Lesotho to understand pricing and market segmentation in low-income countries characterized by frictions preventing price arbitrage, such as weak infrastructure, poor distribution networks, and 'thin' markets. 

This project examines price-setting behavior in Lesotho to understand pricing and market segmentation in low-income countries characterized by frictions preventing price arbitrage, such as weak infrastructure, poor distribution networks, and 'thin' markets. 

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