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Analyses of price rigidity mainly neglected food retailing industry. There are only few studies explicitly concerning … this part of the food process chain. In Blinder’s et al. (1998) analysis of the U.S. economy the food retailing industry is … manufacturing industries. An aggravating factor is that most of the remaining studies cover only few determinants for price rigidity …
Persistent link: https://www.econbiz.de/10009446317
tariff choice to changes in price. We show that consumer heterogeneity in tariff-specific preferences leads to heterogeneity … in their sensitivity to price changes. Specifically, consumers with tariff-specific preferences are less sensitive to … price increases of their preferred tariff than other consumers. Our results provide an additional reason why firms should …
Persistent link: https://www.econbiz.de/10009447482
We investigate the microeconomic effects of labor regulations that protect employment and are expected to increase rigidity in labor markets. We exploit a unique outlet-level dataset obtained from a multinational food chain operating 2,525 similar retail outlets in 43 countries outside the...
Persistent link: https://www.econbiz.de/10009476940
data set of over 8,500 price observations collected over a period of 15 months, we compare pricing behavior at 41 Internet … outlets, depending on whether taxes, shipping, and shopping costs are included in the price. Additionally, it is found that … that Internet retailers’ price adjustments over time are up to 100 times smaller than conventional retailers’ price …
Persistent link: https://www.econbiz.de/10009441259
gender differences with respect to the criterion of grocery product price within an Australian supermarket retail environment …. A stratified sample of 140 male and 140 female grocery shoppers was surveyed. Results showed that men considered price … price nvolvement, reported referencing shelf price to a lesser extent, and gave lesser consideration to promotional tactics …
Persistent link: https://www.econbiz.de/10009438018
. Consumers face low search costsfor price information from Amazon.com. It leads to a higher priceelasticity when the firm reduces … prices than when it increases prices,increasing Amazon's incentive to engage in price competition. On theother hand … pricecompetition. We also find that search costs decrease with the passage oftime as the information about price changes dissipates …
Persistent link: https://www.econbiz.de/10009435104
digital characteristics may be more susceptible to cannibalization than books are.We find that the cross price elasticity of … (0.088). These higher cross price elasticities translate into higher levels of cannibalization: 24% of used CDs and 86 …
Persistent link: https://www.econbiz.de/10009441066
The purpose of this paper is to examine the structure of wine consumption in the Japanese market, focusing on the consumption in households. Considering various tendencies of Japanese eating and drinking habits nowadays related to wine consumption, the model was built and empirically estimated....
Persistent link: https://www.econbiz.de/10009443580
pricing by multiproduct firms suggests thatdirect and cross price elasticities of demand and marginal costsdetermine the … branded foods acrossstore types. Price dispersion varies by product. The impact ofsales is high in grocery retailing; on …There are two objectives of this article: (i) It is discussed theoreticallyhow the dynamics of pricing decisions of …
Persistent link: https://www.econbiz.de/10009443707
to address both the simultaneous determination of marginal price and water demand under block pricing and the possibility …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 …
Persistent link: https://www.econbiz.de/10009445473