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The Dynamics of Seller Reputation: Theory and Evidence from eBay

Cabral, Luís M B; Hortaçsu, Ali - C.E.P.R. Discussion Papers - 2004

We propose a basic theoretical model of eBay’s reputation mechanism, derive a series of implications and empirically … receives a negative rating for the first time his reputation decreases and so does his effort level. This implies a decline in … more to gain from ‘buying a reputation’ by building up a record of favourable feedback through purchases rather than sales …

Persistent link: https://www.econbiz.de/10005661915

Retail Chain Expansion: The Early Years of McDonalds in Great Britain

Toivanen, Otto; Waterson, Michael - C.E.P.R. Discussion Papers - 2011

Understanding the development of chainstores is important given the large GDP share of services and the continuing importance of chains in bringing these services to market. Service chains provide a puzzle because they take a long time to develop even when there are obvious expansion...

Persistent link: https://www.econbiz.de/10009246609

Vertical Control of a Distribution Network - An Empirical Analysis of Magazines

Ferrari, Stijn; Verboven, Frank - C.E.P.R. Discussion Papers - 2010

How does an upstream firm determine the size of its distribution network, and what is the role of vertical restraints? To address these questions we develop and estimate two models of outlet entry, starting from the basic trade-off between market expansion and fixed costs. In the coordinated...

Persistent link: https://www.econbiz.de/10008468630

Price and Brand Competition between Differentiated Retailers: A Structural Econometric Model

Dubois, Pierre; Jodar Rosell, Sandra - C.E.P.R. Discussion Papers - 2010

We develop a model of competition between retailer chains with a structural estimation of the demand and supply in the supermarket industry in France. In the model, supermarkets compete in price and brand offer over all food products to attract consumers, in particular through the share of...

Persistent link: https://www.econbiz.de/10008530346

Endogenous Contracts Under Bargaining in Competing Vertical Chains

Milliou, Chrysovalantou; Petrakis, Emmanuel; Vettas, … - C.E.P.R. Discussion Papers - 2003

We investigate the endogenous determination of contracts in competing vertical chains where upstream and downstream firms bargain first over the type of contract and then over the contract terms. Upstream firms always opt for non-linear contracts, which specify the input quantity and its total...

Persistent link: https://www.econbiz.de/10005123524

Inference on Vertical Contracts between Manufacturers and Retailers Allowing for Non Linear Pricing and Resale Price Maintenance

Bonnet, Céline; Dubois, Pierre - C.E.P.R. Discussion Papers - 2008

A methodology is presented allowing manufacturers and retailers vertical contracting in their pricing strategies on a differentiated product market to be introduced. This contribution allows price-cost margins to be recovered from estimates of demand parameters both under linear pricing models...

Persistent link: https://www.econbiz.de/10005123651

Two-Part Tariffs versus Linear Pricing Between Manufacturers and Retailers: Empirical Tests on Differentiated Products Markets

Bonnet, Céline; Dubois, Pierre; Simioni, Michel - C.E.P.R. Discussion Papers - 2006

We present a methodology allowing to introduce manufacturers and retailers vertical contracting in their pricing strategies on a differentiated product market. We consider in particular two types of non linear pricing relationships, one where resale price maintenance is used with two part...

Persistent link: https://www.econbiz.de/10005124258

Hypermarket Competition and the Diffusion of Retail Checkout Barcode Scanning

Beck, Jonathan; Grajek, Michal; Wey, Christian - C.E.P.R. Discussion Papers - 2005

This paper presents a set of panel data to study the diffusion of retail checkout barcode scanning in ten European countries over the period 1981-1996. Estimates from a standard diffusion model suggest that countries differ most in the long-run diffusion level of barcode scanning and less in...

Persistent link: https://www.econbiz.de/10005136610

Regulation and UK Retailing Productivity: Evidence from Micro Data

Haskel, Jonathan; Sadun, Raffaella - C.E.P.R. Discussion Papers - 2009

We use UK micro data to explore whether planning regulation reduced UK retailing productivity growth between 1997 and 2003. We document a shift to smaller shops, particularly within supermarket chains, following a regulatory change in 1996 which increased the costs of opening large stores. This...

Persistent link: https://www.econbiz.de/10005136776

A Dynamic Model of Price Discrimination and Inventory Management at the Fulton Fish Market

Graddy, Kathryn; Hall, George - C.E.P.R. Discussion Papers - 2009

We estimate a dynamic profit-maximization model of a fish wholesaler who can observe consumer characteristics, set individual prices, and thus engage in third-degree price discrimination. Simulated prices and quantities from the model exhibit the key features observed in a set of high quality...

Persistent link: https://www.econbiz.de/10005036234

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