Showing 1 - 10 of 9,406
in material, labor and managerial costs. The presumed benefits of ESL, for example, tend to be focused around lower price … adjustment costs (PAC), also known as menu costs. However, ESL not only can save PAC but may also enable the retailer to price …Electronic shelf label (ESL) is an emerging price display technology around the world. While these new technologies …
Persistent link: https://www.econbiz.de/10012060927
The demand for motor fuel should decline when its price rises, but how exactly does that happen? Do people drive less … reduced-form regressions show that while the VKTs driven by gasoline cars decrease when the price of gasoline rises, their … the VKTs and the fuel economy of diesel cars appear to be insensitive to changes in the price of diesel. Latent class …
Persistent link: https://www.econbiz.de/10012433458
of price and income elasticities for alcohol beverages. The analysis improves on previous meta-analyses by correcting for … exceeds the database used in previous reviews and meta-analyses. Results: For individual beverages, corrected price …. The average price and income elasticities are: beer, -0.30 and 0.50; wine, -0.45 and 1.00; and spirits, -0.55 and 1 …
Persistent link: https://www.econbiz.de/10009783233
-patent pharmaceuticals. We present a theoretical model with price-sensitive and loyal consumers that shows that a decrease in the reference … price affects the consumers' co-payments in a non-monotonic way: For high reference prices, a marginally lower reference … price may lead to lower co-payments. However, for low reference prices a further reduction may result into higher consumer …
Persistent link: https://www.econbiz.de/10010489291
Persistent link: https://www.econbiz.de/10012061726
Persistent link: https://www.econbiz.de/10011774229
price. We find that the limited literature in Australia has suffered from measurement error problems stemming in large part … from shortcomings with data on child care price and child care usage. We use detailed child care data from three recent …
Persistent link: https://www.econbiz.de/10008806453
We demonstrate that cost pass-through can be used to inform demand calibration, potentially eliminating the need for data on margins, diversion, or both. We derive the relationship between cost pass-through and consumer demand using a general oligopoly model of Nash-Bertrand competition and...
Persistent link: https://www.econbiz.de/10013098034
Persistent link: https://www.econbiz.de/10009737008
empirical findings, different price elasticities in commodity and consumer goods markets can explain the recently observed …
Persistent link: https://www.econbiz.de/10003824866