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Please contact William Allender (William.Allender@asu.edu) for a copy of the manuscript that goes with this poster.
Persistent link: https://www.econbiz.de/10010881141
Models of rational addiction suggest that obesity is consistent with time-consistent preferences. Behavioral economists maintain that addictions such as alcoholism, smoking and over-eating represent examples of present-bias in decision making that is fundamentally irrational. In this article,...
Persistent link: https://www.econbiz.de/10010918108
In this paper, we propose a novel approach to estimating the effect of advertising on market performance that relies on the revealed preferences of firms participating in generic advertising programs. Generic advertising campaigns provide a unique window to observe advertising effects on market...
Persistent link: https://www.econbiz.de/10011275265
Recent theoretical models of retail competition suggest that product heterogeneity is critical to retail price and variety strategies. This article provides empirical evidence on supermarket retailers' price and variety strategies using a nested constant elasticity of substitution (NCES)...
Persistent link: https://www.econbiz.de/10005324878
Persistent link: https://www.econbiz.de/10009326237
Recent theoretical models of retail competition suggest that product heterogeneity is critical to retail price and variety strategies. This article provides empirical evidence on supermarket retailers' price and variety strategies using a nested constant elasticity of substitution (NCES)...
Persistent link: https://www.econbiz.de/10009397613
Behavioral economists maintain that addictions such as alcoholism, smoking and over-eating represent examples of present-bias in decision making that is fundamentally irrational. In this article, we develop a model of present bias and apparently hyperbolic discounting that is fully consistent...
Persistent link: https://www.econbiz.de/10009368362
In this article, we estimate a model of strategic rivalry between food manufacturers in product design and pricing. We derive a spatial structural model in which food manufacturers jointly select prices and the optimal attribute composition of their product lines. We find that manufacturers have...
Persistent link: https://www.econbiz.de/10010638246
Persistent link: https://www.econbiz.de/10010642721
This paper considers the relationship between product differentiation, store differentiation, and the equilibrium depth of the product assortment. We find an inverted U-shaped relationship between product differentiation and assortment depth, with the depth of the assortment rising at first and...
Persistent link: https://www.econbiz.de/10009204332