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The term 'global brand' has become widely used by the media and by consumers. Business week publishes annually its widely known ranking of the 'Best Global Brands' (with Coca-Cola as number 1 in the past years) and consumers on summer vacations purchase brands such as Heineken or Marlboro they...
Persistent link: https://www.econbiz.de/10010368391
The last couple of decades have seen an increased retail concentration around the world, particularly in Europe. Views on the welfare implications of this severe change are controversial. Consumers might benefit because larger stores (owned by larger retailer chains) offer more product choices....
Persistent link: https://www.econbiz.de/10010297135
indices that correctly reflect the true price movements of IT products. This paper assesses the differences between … traditional and quality adjusted indices by providing results for PC hardware. Transaction price data for the period from 1985 to … 1994 are used to construct price indices for personal computers in Germany. The use of hedonic methods allows to correct …
Persistent link: https://www.econbiz.de/10010297756
How do judgment devices influence price formation? We investigate this question through a study of the German wine … is much more powerful in explaining price formation within the market. …Welchen Einfluss haben Klassifikationssysteme auf den Preis eines Produktes? Wir gehen dieser Frage anhand einer …
Persistent link: https://www.econbiz.de/10010309618
Persistent link: https://www.econbiz.de/10011558758
This paper gives a survey of often used techniques to determine hedonic price indices. The hedonic function analyses … the relationship between certain aspects of a product's quality and its price by applying regression techniques. Thus it … is possible to distinguish between the effects of changes in quality and pure price effects, providing a method to …
Persistent link: https://www.econbiz.de/10010296488
Persistent link: https://www.econbiz.de/10011558754
A detailed decomposition of the sources of the Total Factor Productivity (TFP) growth index within an output distance function framework was carried out, looking at the following components: technical change, change in technical efficiency, scale component, and violations of the profit...
Persistent link: https://www.econbiz.de/10010297110
with a theorem: that asymmetric price transmission is sustained up to a certain maximum level which might include the …
Persistent link: https://www.econbiz.de/10010298051
beobachteten jedoch in der Praxis auf unterschiedlichsten Märkten tendenziell fallende Preise. Diese Dissonanz zwischen Theorie und …
Persistent link: https://www.econbiz.de/10010305080