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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
9-ending prices are a dominant feature of many retail settings, which according to the existing literature, is because consumers perceive them as being relatively low. Are 9-ending prices really lower than comparable non 9-ending prices? Surprisingly, the empirical evidence on this question is...
Persistent link: https://www.econbiz.de/10012057431
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 …-State area of New York, New Jersey and Connecticut. The Tri-States offer a unique setting—a natural experiment—to study item-pricing …
Persistent link: https://www.econbiz.de/10013204745
classical twopart tariffs only as potential competition between the platform operator and sellers reduces platform …
Persistent link: https://www.econbiz.de/10014374544
private suppliers have market power. We do this by studying the staggered rollout of hundreds of government milk "ration … supplied milk by 2.4% and increased household consumption. To compare direct provision with budget-neutral alternatives, we … larger consumer surplus than milk vouchers and unrestricted cash transfers. …
Persistent link: https://www.econbiz.de/10014480356
producer for consumer electronics. We observe input prices of firms, and all their moves in the entry and the pricing game over … instrumenting is particularly important for estimating the effect of competition on the markup of the price leader. …
Persistent link: https://www.econbiz.de/10010294886
competition on the markup of the price leader. One more firm in the market is associated with a reduction of the price leader …'s markup which is equivalent to competition between existing firms for an additional three weeks in the product life cycle. Our … results support search theoretic models and contradict models of monopolistic competition. Moreover our results support the …
Persistent link: https://www.econbiz.de/10010368278
The choice of an appropriate e-commerce strategy is crucial for the survival of online stores in B2C e-commerce business. We use a comprehensive data set from the Austrian price search engine geizhals.at to identify successful e-commerce strategies. An e-commerce strategy is a set of choices...
Persistent link: https://www.econbiz.de/10011916776
Asymmetric pricing is the phenomenon where prices rise more readily than they fall. We articulate, and provide … empirical support for, a theory of asymmetric pricing in wholesale prices. In particular, we show how wholesale prices may be … of the results for the asymmetric pricing, distribution channels and cost of price adjustment literatures, and …
Persistent link: https://www.econbiz.de/10013204748
In a model with manufacturer and retailer competition, we show that RPM facilitates manufacturer cartels when retailers … collude and illustrate the fit of this theory in competition policy cases. …
Persistent link: https://www.econbiz.de/10012662688