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On price-setting for identical products in markets without formal trade barriers

Hassink, Wolter H. J.; Schettkat, Ronald - 2001

This paper investigates price-setting for truly homogenous products sold in markets without any formal trade barriers. We use data from IKEA, a furniture company selling identical products in an identical shopping environment in different EU countries. We get four remarkable outcomes: 1) The law...

Persistent link: https://www.econbiz.de/10011402390

Quality and price setting of high-tech goods

Gorodnichenko, Yuriy; Talavera, Oleksandr; Nam Hoai Vu - 2021

This paper investigates the link between product quality and price setting for central processing units (CPUs). Using thousands of price quotes from a popular price-comparison website, we find that market fundamentals, such as the number of sellers, median price, share of convenient prices and...

Persistent link: https://www.econbiz.de/10012419306

Dealer pricing of consumer credit

Bertola, Giuseppe; Hochgürtel, Stefan; Koeniger, Winfried - 2002

Interest rates on consumer lending are lower when funds are tied to purchase of a durable good than when they are made available on an unconditional basis. Further, dealers often choose to bear the financial cost of their customers' credit purchases. This paper interprets this phenomenon in...

Persistent link: https://www.econbiz.de/10011406655

Taking time use seriously : income, wages and price discrimination

Hamermesh, Daniel S.; Biddle, Jeff - 2018

Zeitverwendungserhebung, 2012-13, have sufficient observations to allow examining the theory of household production in much more detail than …

Persistent link: https://www.econbiz.de/10011951477

Corruption in the health sector : evidence from unofficial consultation fees in Bangladesh

Abdallah, Wahid; Chowdhury, Shyamal K.; Iqbal, Kazi - 2015

We study the incidence and extent of bribes paid to the doctors in the public health facilities which are cleverly identified using a nationally representative survey. The survey asks households about the fees paid to public doctors, not about the bribe, which makes it less prone to reporting...

Persistent link: https://www.econbiz.de/10011309082

Veteran educators or for-profiteers? : tuition responses to changes in the Post 9/11 GI Bill

Baird, Matthew; Kofoed, Michael S.; Miller, Trey; … - 2020

In 2010, Congress reauthorized the Post-9/11 GI Bill by changing reimbursement rates from widely-varying by-state maximums to a nationwide limit. This policy created exogenous variation in the changes in reimbursement rates in direction and magnitude for veterans at private universities. We...

Persistent link: https://www.econbiz.de/10012290881

Equal price for equal place? : demand-driven racial discrimination in the housing market

Lepinteur, Anthony; Menta, Giorgia; Waltl, Sofie - 2023

Participants to an online study in Luxembourg are presented with fictitious real-estate advertisements and tasked to make an offer for each of them. A random subset is also shown sellers' names that are strongly framed to signal their origins. Our randomised procedure allows us to conclude that,...

Persistent link: https://www.econbiz.de/10014336072

Competing with asking prices

Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - 2013

In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...

Persistent link: https://www.econbiz.de/10009696885

A theory of price adjustment under loss aversion

Ahrens, Steffen; Pirschel, Inske; Snower, Dennis J. - 2014

We present a new partial equilibrium theory of price adjustment, based on consumer loss aversion. In line with prospect … theory, the consumers' perceived utility losses from price increases are weighted more heavily than the perceived utility … an otherwise standard dynamic neoclassical model of monopolistic competition. The resulting theory of price adjustment is …

Persistent link: https://www.econbiz.de/10010350414

The impact of trade liberalization on firms' product and labor market power

Dobbelaere, Sabien; Wiersma, Quint - 2020

This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...

Persistent link: https://www.econbiz.de/10012169328

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