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This paper sheds light on an empirical controversy about the effect of competition on price discrimination. We … shows that whether competition has a positive or negative effect on price dispersion depends on the level of demand …
Persistent link: https://www.econbiz.de/10010211444
When products are sold in advance, i.e. prior to consumption, consumers trade off an early, uninformed purchase at a low price against a late, informed purchase at a high price. This paper considers the effect of market structure on the prevalence of advance selling. We show that in an...
Persistent link: https://www.econbiz.de/10011446893
stockpiling induced by storability and durability. We accommodate competition across tied good systems and competing downstream …
Persistent link: https://www.econbiz.de/10014047580
retail competition is strong enough to prevent such distortions, we explore the commonly noted example of razors and blades … as well as time. This modeling feature enables a novel approach to measuring retail competition in single category demand …
Persistent link: https://www.econbiz.de/10014047900
We study the role of store-format choices in dynamic competition between two major chains in the U.S. discount …
Persistent link: https://www.econbiz.de/10014204789
the manner in which these infomediaries affect the market competition between retailers. In this paper, we analyze the … response by the competitor is to price aggressively in order to protect its loyal base and this intensifies price competition … Bertrand type competition for these consumers. Interestingly, we find that the referral service can unravel (in the sense that …
Persistent link: https://www.econbiz.de/10014116863
suburban consumers can hurt the firm that serves only city consumers. The tradeoffs among interfirm competition, market …
Persistent link: https://www.econbiz.de/10013220342
We propose a framework for analyzing spatial competition between retailers of different formats. Our approach yields … conventional wisdom, we find substantial cross-format competition between supercenters, club stores, and traditional grocers. Our …
Persistent link: https://www.econbiz.de/10011800990
Many online-first retailers have adopted omnichannel strategies to expand their territories from online to offline. In this paper, we seek to understand the function of offline showroom for multi-category online retailing platforms, which is relatively understudied. Using detailed...
Persistent link: https://www.econbiz.de/10012842155
Persistent link: https://www.econbiz.de/10015332444