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Consumers often benefit from increased competition in differentiated product settings. In this paper we consider … consumer benefits from increased competition in a differentiated product setting: the spread of non-traditional retail outlets …
Persistent link: https://www.econbiz.de/10013234406
Prior research shows grocery stores reduce prices to compete with Walmart Supercenters. This study finds evidence that the competitive effects of two other big box retailers - Costco and Walmart-owned Sam's Club - are quite different. Using city-level panel grocery price data matched with a...
Persistent link: https://www.econbiz.de/10013122463
This paper provides experimental evidence on the effect of increased competition on prices and quality in the retail … areas where the number of entrants was larger. Competition seems to have driven part of the clientele away from incumbent …
Persistent link: https://www.econbiz.de/10013055197
Regulations aimed at curbing the entry of large retail stores have been introduced in many countries to protect independent retailers. Analyzing a planning reform launched in the United Kingdom in the 1990s, I show that independent retailers were actually harmed by the creation of entry barriers...
Persistent link: https://www.econbiz.de/10013061111
We analyze a number of unstudied aspects of retail electricity competition. We first explore the implications of load … homogeneous up to a scaling factor. In general, the combination of retail competition and load profiling does not yield the second … consumption, retail competition yields the Ramsey prices even when consumers can only partially respond to variations in real time …
Persistent link: https://www.econbiz.de/10013247282
The standard economic model of efficient competitive markets relies on the ability of sellers to charge prices that vary as their costs change. Yet, there is no restructured electricity market in which most retail customers can be charged realtime prices (RTP), prices that can change as...
Persistent link: https://www.econbiz.de/10013247631
Sears Roebuck and Co. faced similar challenges in the 1920s and the 1980s. On the strength of the early period's strategic investment decisions, the company grew into the nation's largest retailer and a pervasive factor in the economy. In the later period, unanswered challenges nearly destroyed...
Persistent link: https://www.econbiz.de/10013233481
This paper develops a dynamic model of retail competition and uses it to study the impact of the expansion of a new …
Persistent link: https://www.econbiz.de/10013099418
We investigate the impact of access to convenience stores and competition between convenience store chains on medical … levels of inter-brand competition reduce the use and cost of outpatient medical services and prescription drugs, healthcare … utilization is more responsive to changes in competition. Since convenience stores in Taiwan are typically the healthier option …
Persistent link: https://www.econbiz.de/10012918623
host-country research and development effort in response to foreign competition, is one of three examining the impact of …
Persistent link: https://www.econbiz.de/10013224894