Showing 1 - 10 of 13
Over the last decade, there have been vast improvements in surveillance technology and the availability, storage, and mining of personal information online, supported by developments in big data analytics. This has created a public policy conundrum over balancing the benefits of big data with...
Persistent link: https://www.econbiz.de/10012966612
This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank's Inflation Persistence Network.
Persistent link: https://www.econbiz.de/10010336066
field experiment, we assess such impact of ESL by studying how it shapes retail pricing practices and outcomes. Our general … role in pricing. To the best of our knowledge, ours is the first study to explore and quantify how ESL interacts with … retail strategy to affect retail pricing practices and retail outcomes. …
Persistent link: https://www.econbiz.de/10012387264
In this paper we argue that pricing is all about price changes, and that the costs of price changes are often … future pricing processes, and an understanding of the role that supply chains play in price change strategy. The framework … processes should be invested in to improve pricing effectiveness in the future. …
Persistent link: https://www.econbiz.de/10013204739
Inflation is painful, for firms, customers, employees, and society. But careful study of periods of hyperinflation point to ways that firms can adapt. In particular, companies need to think about how to change prices regularly and cheaply - because constant price changes can ultimately be very,...
Persistent link: https://www.econbiz.de/10014388407
The importance of fish size for price per kilo is studied using an inverse demand approach. Prices per kilo in different size categories of the same species differ significantly. This means that the average price for a species may change due to e.g., high-grading, growth overfishing or a...
Persistent link: https://www.econbiz.de/10010369482
pricing. Contemporary marginalist economics is usually based on the assumption that prices are set in line with the value … properly general theory of pricing that can be applied to any market - whether financial, real, or a real market that has been …
Persistent link: https://www.econbiz.de/10010513048
In this paper we investigate current pricing practices at the 200 biggest airports in the European Union. Our analysis … shows that airport incentive programs are, in general, a common tool of airport pricing as they are used at one third of all …
Persistent link: https://www.econbiz.de/10010309350
I present a game-theoretic model where economic competition and attention competition are interdependent. On the one hand the effort to attract consumer attention depends on the value of attention to the firm which depends on the grade of price competition among all perceived firms. On the other...
Persistent link: https://www.econbiz.de/10010316856
India that examined the economics of rural Internet kiosks, and relate this multifaceted case study to the theoretical …
Persistent link: https://www.econbiz.de/10010322686