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This paper provides estimates of price-marginal cost ratios or markups for 50 sectors in 8 euro area countries and the …
Persistent link: https://www.econbiz.de/10011604902
for classical demand functions. We then introduce reference price models and demonstrate that for this class of demand … functions the benefits of integration with inventory control are substantially increased due to the price dynamics. We also … repeat the success of revenue management in practice if reference price effects are included in the demand model and the …
Persistent link: https://www.econbiz.de/10010421327
prices is discussed and the uniqueness of the price system is investigated. An algorithm for price calculation is derived and …
Persistent link: https://www.econbiz.de/10010304525
model we apply it to optimal pricing policies. We use a large Austrian data set, which consists of the direct price …, regressing the proportion of attractive prices and, separately, the excess proportion of price changes at the beginning of a year … of price changes, the higher is the incidence of time- and state-regular adjustment. …
Persistent link: https://www.econbiz.de/10011604715
Formulating a model which summarises transportation costs, uncertainty and price, we describe how a switch to ICT …
Persistent link: https://www.econbiz.de/10010265246
Persistent link: https://www.econbiz.de/10014485020
Persistent link: https://www.econbiz.de/10011696586
(WDN) on patterns of firm-level adjustment to shocks. We document that the relative intensity and the character of price vs …
Persistent link: https://www.econbiz.de/10011605210
The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of analysis, we argue that inflation could be understood only in terms of ongoing structural and...
Persistent link: https://www.econbiz.de/10011646704
This essay deals with the relationship between stagflation and the process of restructuring. The literature dealing with the interaction of stagnation and inflation is invariably based on some explicit or implicit assumptions about economic structure, but there are very few writings which...
Persistent link: https://www.econbiz.de/10011647601