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in a common market. We find that under intense price competition, firms may suffer from a decentralized structure …
Persistent link: https://www.econbiz.de/10009475738
Focusing on the interaction between national brands and private labels, this paper has two main empirical contributions: i) a simultaneous system of demand (share), price and expenditure equations is estimated, and ii) differences in the structure of the local geographic market are incorporated...
Persistent link: https://www.econbiz.de/10009442577
when specific investment and hold up is present. In addition it is analysed how simultaneous imperfect competition in labor …
Persistent link: https://www.econbiz.de/10009471912
This paper provides an overview of recent research on estimating competitive interaction in food product categories. In particular, the focus of this review is on research using scanner data conducted at the disaggregate (e.g., store, chain or local market) level, including empirical studies of...
Persistent link: https://www.econbiz.de/10009442558
to its rigorous foundation in utility theory, LA/AIDS demands are especially flexible for demand-side estimation, provide …
Persistent link: https://www.econbiz.de/10009442565
that proximity to a Wal-Mart supercenter or the level of competition affects the speed of price adjustment of retailers. …
Persistent link: https://www.econbiz.de/10009444733
contracts and in particular two part tariffs contracts with resale price maintenance. At last, thanks to the estimation of the …
Persistent link: https://www.econbiz.de/10009446207
- learnt rule-governed behaviour, (i), under perfect competition, and (ii), in a more commercially realistic environment …. Under perfect competition, sellers' asking prices converged onto the theoretical equilibrium price. This performance was …
Persistent link: https://www.econbiz.de/10009446653
The thesis is a collection of three essays on retail competition that are relevant to both the theory and practice of … marketing. Essay 1, examines the role of price and category assortment on competition between EDLP (Every Day Low Price) format …) household and store level scanner data and b) combination of hierarchical Bayes and classical estimation techniques. Essay 2 …
Persistent link: https://www.econbiz.de/10009466190
Advances in information technology increasingly allow firms to identify expensive, high-cost customers, who are not only individually less profitable for firms but also raise the average marginal cost incurred by firms and thus impose a negative externality on inexpensive customers. Should...
Persistent link: https://www.econbiz.de/10009440989