before the merger. While the low-variety target's stores reduced the depth of their assortment when in direct competition … chains’ response to changes in local competition. …

led the merging parties to reposition their assortment and increase average category prices. While the low-variety and low-price … target’s stores reduced the depth of their assortment when in direct competition with the acquirer's stores, the latter … offerings in order to avoid cannibalization and lessen local competition. Further, we show that other dimensions of …

the high-quality firm’s product than vice versa. The high-quality firm is better shielded from price competition, as its … prices, market shares, and profits. Our demand estimation results show large differences in brand loyalty, and switching … experiences a higher competitive pressure on price since low-quality consumers are more price sensitive and switch more easily to …

we find that there exists a robust positive relationship between the price paid and the number of store visited. We argue … that visiting larger number of stores makes households less likely to save using store-loyalty discounts. …

We show that, to form aggregate inflation expectations, consumers rely on the price changes they face in their daily … lives while grocery shopping. Specifically, the frequency and size of price changes, rather than their expenditure share …. Our results suggest that the frequency and size of grocery-price changes to which consumers are personally exposed should …

We investigate how the pass-through rate of commodity taxes depends on competition in a setting where consumers have … of price sensitive consumers, the higher the pass-through rate. Second, there is a hump-shaped relationship between the … changes to diesel and gasoline prices using a unique dataset containing the universe of price changes at fuel stations in …

We study how mandatory online disclosure of supermarket prices affects prices and price dispersion in brick … in price dispersion and a 4% to 5% drop in prices following the transparency regulation. The price drop varied across …, we show that prices declined as more consumers used price-comparison websites, and we highlight the role of media …

reduced on 1 July 2020 and went back to their previous level on 1 January 2021. We study the price effects of the temporary … identify the causal price effects, we compare the development of prices in Germany to those in Austria. Our findings indicate … an asymmetric price response to the VAT rate cut and subsequent increase. The reduction of VAT rates led to a price …

unobserved heterogeneity. We find a small, but measurable, negative price elasticity for inappropriate drug use with respect to … inappropriate medications, however the elasticity of cost sharing is lower than that of drugs in general and the price elasticity is …