Showing 1 - 10 of 5,981
test standard decision theoretic predictions concerning purchasing behavior in a rebate and a discount scheme. We … switching to a linear pricing scheme is optimal. Our results indicate that rebate and discount schemes exert a significant …
Persistent link: https://www.econbiz.de/10010264816
We specify an empirical model of US inflation which has the dynamics of wage and price setting at its core. In the dynamic wage equation an equilibrium-correction term connects the wage level to industrial prosperity indicators. In that way, the role of wage setting in the dynamics of the...
Persistent link: https://www.econbiz.de/10015054212
We link the county-level rollout of stay-at-home orders to anonymized cellphone records and consumer spending data. We document three patterns. First, stay-at-home orders caused people to stay at home: county-level measures of mobility declined by between 9% and 13% by the day after the...
Persistent link: https://www.econbiz.de/10012429418
Background: The AMNOG regulation, introduced in 2011 in Germany, changed the game for new drugs. Now, the industry is required to submit a dossier to the GBA (the central decision body in the German sickness fund system) to show additional benefit. After granting the magnitude of the additional...
Persistent link: https://www.econbiz.de/10011803061
Due to changes in demographic and social circumstances, the importance of food-away-from-home consumption increases. However, detailed facts on pricing strategies in this sector are still missing in Germany. This paper aims to provide cross-sectional evidence of pricing strategies in the quick...
Persistent link: https://www.econbiz.de/10015079419
Persistent link: https://www.econbiz.de/10011696493
Many successful franchise chains directly own a positive fraction of stores --- a structure referred to as plural form. We propose that this ownership structure is chosen as a commitment not to expropriate franchisees. The theoretical model is based on an empirical analysis of contract and...
Persistent link: https://www.econbiz.de/10010264919
The economic impact of the 2007-2009 increases in the federal minimum wage (MW) is analyzed using a sample of quick-service restaurants in Georgia and Alabama. Store-level biweekly payroll records for individual employees are used, allowing us to precisely measure the MW compliance cost for each...
Persistent link: https://www.econbiz.de/10010282573
option (e.g., market entrant). In a real trading problem, participants repeatedly buy tokens and can enter a target rebate … scheme. Buying in a rebate scheme considerably reduces the likelihood that they switch to a higher-payoff outside option … stickiness effect increases with the increasing number of previous buying in the rebate scheme, but not with the size of the …
Persistent link: https://www.econbiz.de/10010276847
Reconciliation Act of 1990 included a rebate program that featured a most favored customer (MFC) clause. This clause guarantees that … Medicaid gets a fixed rebate on each unit of purchase by Medicaid consumers. The rebate is calculated as the difference between … discriminating monopolist in response to the imposition of MPP or APP rules. Under MPP, the minimum price gross of rebate always …
Persistent link: https://www.econbiz.de/10010332132