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type="main" xml:id="jage12050-abs-0001" <title type="main">Abstract</title> <p>Standard double auctions perfectly mimic the neoclassical idea about the functioning of markets. The efficiency of the market outcome and speed of adjustment towards equilibrium have been studied in the literature to validate economic...</p>
Persistent link: https://www.econbiz.de/10011038167
Only a few studies have analysed staggering and synchronisation in pricing behaviour of multiproduct firms. These studies used low-frequency data in an environment of high rates of inflation. This article investigates staggering and synchronisation of weekly prices for 10 food products in 131...
Persistent link: https://www.econbiz.de/10008570011
Only a few studies have analysed staggering and synchronisation in pricing behaviour of multi-product firms. These studies used low-frequency data in an environment of high rates of inflation. This paper investigates staggering and synchronisation of weekly prices for ten food products in 131...
Persistent link: https://www.econbiz.de/10005806046
Price promotions are important marketing activities for (food) retailers; brand loyalty is a major requisite to foster brands' assets. Several theoretical papers have analyzed the relationship between price promotions and brand loyalty resulting in mixed or perhaps contradictory outcomes; only a...
Persistent link: https://www.econbiz.de/10009326242
Persistent link: https://www.econbiz.de/10005297057
Immanent to the retail business is its multiproduct nature. In a recent issue of this journal Richards (2006) introduces a multiproduct model for perishable food items. Richards concludes that depth and breadth of sales are complementary marketing tools to increase store sales. He also provides...
Persistent link: https://www.econbiz.de/10008461765
Only a few studies have analysed staggering and synchronisation in pricing behaviour of multi-product firms. These studies used low-frequency data in an environment of high rates of inflation. This paper investigates staggering and synchronisation of weekly prices for ten food products in 131...
Persistent link: https://www.econbiz.de/10005460297
We study the existence of price distributions and the intra-distribution dynamics for 10 food products across 131 retail stores in Germany for a time period of 43 weeks. Based upon Varian's (1980) model of sales, we aim at investigating whether the position of stores within the cross-sectional...
Persistent link: https://www.econbiz.de/10005694675
Using a unique panel data set for German grocery prices we find significant price synchronization within food retail chains as well as within individual food stores (between products). Price synchronization between chains appears to be less pronounced. Common shocks can only explain some...
Persistent link: https://www.econbiz.de/10005539172
Persistent link: https://www.econbiz.de/10006755458