There are two objectives of this article: (i) It is discussed theoreticallyhow the dynamics of pricing decisions of multiproduct retailers can be explained. (ii) It is analyzed empirically by use ofscanner data how prices are actually set and how consumers reactat the point of sale to price...

Price premiums are recognized as a central barrier for the diffusion of organic food. On average, the consumer has to pay about 50 % more for organic food than for comparable products. This is also true for large retailers although considerable economies of scale could be expected. Against this...

This paper studies the structural impact of wage and price control policies in socialist transitional economies using a two-sector three-factor small open economy model. It illustrates the results quantitatively via simulation exercises. At the earlier stage of the transition when labor is...

Konditionen stehen im Mittelpunkt des Verteilungskonfliktes zwischen der Industrie und dem Lebensmitteleinzelhandel. Der Konditionenstreit behindert dabei gemeinsame Ansätze zur Optimierung der Wertschöpfungskette (z.B. Ansätze des Efficient Consumer Response). Erst langsam setzt sich die...

In this paper, distribution and welfare effects of changes in block price systems are evaluated. A method is discussed to determine, for a Marshallian demand function, equivalent variation in case of a block price system. The method is applied to analyze welfare and distribution effects of...

This study uses panel data at suburb level to estimates the elasticity water demands inPerth, Australia from 1995 to 2005. After deriving the consumer’s water demand under anon-linear budget constraint, we estimate the water demand model, which accounts forhow water (and other purchased goods)...

Urban water pricing provides an opportunity to examine whether consumers react to the shape of supply functions. We carry out an empirical analysis of the influence of price and price structure on residential water demand, using the most price-diverse, detailed, household-level water demand data...

Future water management will shift from building new water supply systems to better operating existing ones. The variation of water values in time and space will increasingly motivate efforts to address water scarcity and reduce water conflicts. Hydro-economic models represent spatially...

Illinois faces a legally de ned quota for the amount of water that it is allowed topump from Lake Michigan. Separately, in Northeastern Illinois, the ground waterlevel has fallen due to pumping pressure. Together, these constraints on watersupply could limit economic and population growth in the...