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Retail Pricing Format and Rigidity of Regular Prices
Ray, Sourav; Snir, Avichai; Levy, Daniel - In: Economica (2023), pp. --
We study the price rigidity of regular and sale prices, and how it is affected by pricing formats (i.e., pricing strategies). We use data from three large Canadian stores with different pricing formats (Every-Day-Low-Price, Hi-Lo, and Hybrid) that are located within a 1 km radius of each other....
Persistent link: https://www.econbiz.de/10014303298
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Retail pricing format and rigidity of regular prices
Ray, Sourav; Snir, Avichai; Levy, Daniel C. - 2023
We study the price rigidity of regular and sale prices, and how it is affected by pricing formats (i.e., pricing strategies). We use data from three large Canadian stores with different pricing formats (Every-Day-Low-Price, Hi-Lo, and Hybrid) that are located within a 1 km radius of each other....
Persistent link: https://www.econbiz.de/10014388411
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Asymmetric Price Adjustment in the Small
Levy, Daniel C.; Chen, Haipeng (Allan); Ray, Sourav; … - 2007
Analyzing a large weekly retail transaction price dataset, we uncover a surprising regularity'small price increases occur more frequently than small price decreases for price changes of up to about 10 cents, while there is no such asymmetry for larger price changes. The asymmetry holds for the...
Persistent link: https://www.econbiz.de/10010260591
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Retail Pricing Format and Rigidity of Regular Prices
Ray, Sourav; Snir, Avichai; Levy, Daniel - 2021
We study different notions of sale and regular prices, and their variability with store pricing-formats. We use data from three large stores with different pricing-formats (EDLP/Hi-Lo/Hybrid) that are located within 1-km radius. Importantly, the data contain both the actual transaction prices...
Persistent link: https://www.econbiz.de/10015261248
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Pricing Better
Ray, Sourav; Wang, Li; Levy, Daniel; Bergen, Mark - 2019
Electronic shelf label (ESL) is an emerging price display technology around the world. While these new technologies require non-trivial investments by the retailer, they also promise significant operational efficiencies in the form of savings in material, labor and managerial costs. The presumed...
Persistent link: https://www.econbiz.de/10015264920
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Pricing Better
Ray, Sourav; Wang, Li; Levy, Daniel; Bergen, Mark - 2019
Electronic shelf label (ESL) is an emerging price display technology around the world. While these new technologies require non-trivial investments by the retailer, they also promise significant operational efficiencies in the form of savings in material, labor and managerial costs. The presumed...
Persistent link: https://www.econbiz.de/10015264952
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Retail pricing format and rigidity of regular prices
Ray, Sourav; Snir, Avichai; Levy, Daniel - 2023
We study the price rigidity of regular and sale prices, and how it is affected by pricing formats (i.e., pricing strategies). We use data from three large Canadian stores with different pricing formats (Every-Day-Low-Price, Hi-Lo, and Hybrid) that are located within a 1 km radius of each other....
Persistent link: https://www.econbiz.de/10015270292
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Asymmetric Price Adjustment in the Small
Levy, Daniel; Chen, Haipeng; Ray, Sourav; Bergen, Mark - 2006
Analyzing a large weekly retail transaction price dataset, we uncover a surprising regularity—small price increases occur more frequently than small price decreases for price changes of up to about 10 cents, while there is no such asymmetry for larger price changes. The asymmetry holds for the...
Persistent link: https://www.econbiz.de/10015253630
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Pricing Better
Ray, Sourav; Wang, Li; Levy, Daniel; Bergen, Mark - 2019
Electronic shelf label (ESL) is an emerging price display technology around the world. While these new technologies require non-trivial investments by the retailer, they also promise significant operational efficiencies in the form of savings in material, labor and managerial costs. The presumed...
Persistent link: https://www.econbiz.de/10012052133
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Asymmetric Wholesale Pricing: Theory and Evidence
Ray, Sourav; Chen, Haipeng (Allan); Bergen, Mark; Levy, … - In: Marketing Science 25 (2006) 2, pp. 109-201
changes, this asymmetry in the behavior of wholesale price vanishes as the price adjustment cost is compensated by the … increase in retailers’ revenue resulting from correspondingly large retail price changes. We present a formal economic model of … a channel with forward-looking retailers and cost of price adjustment, test the derived propositions on the behavior of …
Persistent link: https://www.econbiz.de/10012140617