Showing 1 - 10 of 23
Persistent link: https://www.econbiz.de/10003471755
This paper studies shopping hour decisions by retail chains and independent competitors. We use a Salop-type model where retailers compete in prices and shopping hours. Our results depend significantly on efficiency differences between retail chain and independent retailer. If the efficiency...
Persistent link: https://www.econbiz.de/10008667635
Though consumption research provides a broad spectrum of theoretical and empirical founded results, studies based on a daily focus are missing. Knowledge about the individual timing of daily demand for goods and services, opens - beyond a genuine contribution to consumption research -...
Persistent link: https://www.econbiz.de/10009679373
Knowledge about the timing of consumption opens new insights into consumption behaviour for consumer, economic, social as well as for communal and societal policies. It not only allows sound information for a better match of timely supply and demand but also about everyday living arrangements....
Persistent link: https://www.econbiz.de/10009680106
A 1996 change in shopping hours regulations in the Netherlands provides an opportunity to study the effects of timing constraints on total time spent in shopping, working, and other activities as well as the timing of these activities. We develop a simple structural model to make predictions...
Persistent link: https://www.econbiz.de/10002422589
Knowledge about the timing of consumption opens new insights into consumption behavior for consumer, economic, social as well as for communal and societal policies. It not only allows sound information for a better match of timely supply and demand but also about everyday living arrangements....
Persistent link: https://www.econbiz.de/10013117939
This paper studies competition in prices and opening hours in a model with free entry. It is shown that under free competition a market failure arises: Entry is excessive and opening hours are under-provided. Restrictions on opening hours aggravate this failure. I analyze the impact of a...
Persistent link: https://www.econbiz.de/10012729189
Renewed interest in macroeconomic theories of search frictions in the goods market requires a deeper understanding of the cyclical properties of the intensive margins in this market. Using the American Time Use Survey we find that average time spent searching declined in the aggregate over the...
Persistent link: https://www.econbiz.de/10013046931
The idea of deregulating shopping hours brings strong opposition from many groups in the society. Surprisingly, even many consumers oppose deregulation. The paper rationalizes this behavior by considering heterogeneous consumers who differ in their earnings abilities. If a majority of families...
Persistent link: https://www.econbiz.de/10012712295
The objective of this study is the empirical founded analysis of the daily demand for service activities, over the hours of the day. Our microdata base consists of time-diaries of the nation wide Time Use Survey 2001/2002 of the German Federal Statistical Office. The frame for this analysis are...
Persistent link: https://www.econbiz.de/10012720106