Showing 1 - 10 of 76
our premise that consumer response to price and promotion decisions (demand) and the factors influencing firm pricing …
Persistent link: https://www.econbiz.de/10004989048
Formulating theoretical models inevitably requires various simplifications that assist in making analysis tractable and that facilitate deriving closed form solutions. While the strategic insights gained from theoretical models of market phenomena are often quite valuable, testing the...
Persistent link: https://www.econbiz.de/10005454138
determinants of both demand and strategic pricing decisions by firms. Consequently, we estimate a simultaneous system of share and … insights into the pricing interaction between national brands and private labels. In our empirical analysis, we employ a … find that consumer response to price and promotion decisions (demand) and the factors influencing firm pricing behavior …
Persistent link: https://www.econbiz.de/10004989055
Focusing on the interaction between national brands and private labels, this paper has two main empirical contributions: i) a simultaneous system of demand (share), price and expenditure equations is estimated, and ii) differences in the structure of the local geographic market are incorporated...
Persistent link: https://www.econbiz.de/10005510739
the factors influencing firm pricing behavior (supply) jointly determine observed market prices and market shares. More … the branded price is higher in markets dominated be national brands. Key Words: private labels, pricing, competitive …
Persistent link: https://www.econbiz.de/10005310639
This paper provides an overview of recent research on estimating competitive interaction in food product categories. In particular, the focus of this review is on research using scanner data conducted at the disaggregate (e.g., store, chain or local market) level, including empirical studies of...
Persistent link: https://www.econbiz.de/10004989062
This article investigates the competition effects of supermarket food and non-food services using fluid milk as a case … study. A simultaneous equation model for services and price competition is estimated with scanner data from 16 supermarket …
Persistent link: https://www.econbiz.de/10010914234
divestitures that sought to preserve competition in local market areas are now recognized as inadequate. The momentum of acquirers …
Persistent link: https://www.econbiz.de/10005797976
Since 1977, the U.S. beef packing industry has been restructured at a pace unprecedented in large American industries. By 1987, four packers slaughtered over two-thirds of all steers and heifers. In the thirteen regional feedlot-packer markets studied here, the four leading packers slaughtered...
Persistent link: https://www.econbiz.de/10005797982
This study analyzes supermarket firm prices to determine whether prices are related to market structure and whether the Demsetz quality critique is valid. Factor analysis is used to identify five service factors that are modeled with price as endogenous variables in a simultaneous equations...
Persistent link: https://www.econbiz.de/10005510735