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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
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
Using novel data describing the healthfulness of household food purchases and the retail landscapes consumers face, we … healthfulness of household consumption responds minimally to improvements in local retail environments. Our results indicate that …
Persistent link: https://www.econbiz.de/10013023349
Information frictions play a central role in the formation of household inflation expectations, but there is no consensus about their origins. We address this question with novel evidence from survey experiments. We document two main findings. First, individuals in lower-inflation contexts have...
Persistent link: https://www.econbiz.de/10013045642
Hirschman's Exit, Voice, and Loyalty highlights the role of “voice” in disciplining firms for low quality. We develop a formal model of voice as a relational contact between firms and consumers and show that voice is more likely to emerge in concentrated markets. We test this model using...
Persistent link: https://www.econbiz.de/10012965424
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 develops a dynamic model of retail competition and uses it to study the impact of the expansion of a new … counterfactual simulations for relatively high-dimensional games. The model and method are applied to the retail grocery industry …
Persistent link: https://www.econbiz.de/10013099418
consumer benefits from increased competition in a differentiated product setting: the spread of non-traditional retail outlets …Consumers often benefit from increased competition in differentiated product settings. In this paper we consider …
Persistent link: https://www.econbiz.de/10013234406
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
vary as their costs change. Yet, there is no restructured electricity market in which most retail customers can be charged …
Persistent link: https://www.econbiz.de/10013247631