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Shattering the Myth of Costless Price Changes: Emerging Perspectives on Dynamic Pricing

Bergen, Mark; Dutta, Shantanu; Levy, Daniel; Ritson, Mark; … - 2003

In this paper we argue that pricing is all about price changes, and that the costs of price changes are often simultaneously subtle and substantial. We discuss a framework to deal with the dynamics of changing prices. This framework incorporates customer interpretations of price changes, an...

Persistent link: https://www.econbiz.de/10013204739

Price setting and price adjustment in some European Union countries: Introduction to the special issue

Levy, Daniel; Smets, Frank - 2010

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

When Little Things Mean a Lot: On the Inefficiency of Item Pricing Laws

Bergen, Mark; Levy, Daniel; Ray, Sourav; Rubin, Paul H.; … - 2004

We study item-pricing laws (which require that each item in a store be individually marked with a price sticker) and examine and quantify their costs and benefits. On the cost side, we argue that item-pricing laws increase the retailers’ costs, forcing them to raise prices. We test this...

Persistent link: https://www.econbiz.de/10013204745

Price Rigidity and Flexibility: Recent Theoretical Developments. Introduction to the Special Issue

Levy, Daniel - 2006

The price system, the adjustment of prices to changes in market conditions, is the primary mechanism by which markets function and by which the three most basic questions get answered: what to produce, how much to produce and for whom to produce. To the behaviour of price and price system,...

Persistent link: https://www.econbiz.de/10013204754

Promise, trust and betrayal: Costs of breaching an implicit contract

Levy, Daniel C.; Young, Andrew T. - 2020

We study the cost of breaching an implicit contract in a goods market. Young and Levy (2014) document an implicit contract between the Coca-Cola Company and its consumers. This implicit contract included a promise of constant quality. We offer two types of evidence of the costs of breach. First,...

Persistent link: https://www.econbiz.de/10012802799

Corporate capture of blockchain governance

Ferreira, Daniel Bernardo Soares; Li, Jin; Nikolowa, … - 2019

We develop a theory of blockchain governance. In our model, the proof-of-work system, which is the most common set of rules for validating transactions in blockchains, creates an industrial ecosystem with specialized suppliers of goods and services. We analyze the two-way interactions between...

Persistent link: https://www.econbiz.de/10012144224

Digitalisierung im deutschen Funkfachhandel: Empfehlungen zu den Möglichkeiten eines Change Management auf der Grundlage einer aktuellen empirischen Analyse

Häder, Dieter; Zerres, Christopher - 2016

In diesem aktuellen IfM Working Paper werden Handlungsempfehlungen zur Lösung der Problematik einer Neupositionierung der deutschen Funkfachhändler gegeben. Die Basis dieser Empfehlungen stellen die Ergebnisse von Leitfadeninterviews dar, die mit Experten dieser KMU-Branche geführt worden sind.

Persistent link: https://www.econbiz.de/10011560070

"The Real Thing:" Nominal Price Rigidity of the Nickel Coke, 1886-1959

Levy, Daniel; Young, Andrew T. - 2004

adjustment technologies, and (3) a single-coin monetary transaction technology, which limited the Company's price adjustment …

Persistent link: https://www.econbiz.de/10013204741

After outsourcing – the outsourced unit: Dependence, capabilities and strategy

Sanner, Leif - 2005

specificity: Relationships with the outsourcer and business partners, need for the exchange partner's competence, joint governance … systems, the relative volume of goods/services provided and/or specialization of goods/services towards the exchange partner …. The structure of the market may make it more or less possible to substitute one exchange partner for another. For …

Persistent link: https://www.econbiz.de/10012654310

Benchmarking business practices in Swedish manufacturing firms

Sanner, Leif - 2005

Regional benchmarking studies were conducted on business practices in manufacturing plants in three regions in Sweden. The studies were designed to determine their use of best practices and thus enable firms to identify areas in which they need to make improvements. The questionnaire contained...

Persistent link: https://www.econbiz.de/10012654311

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