This paper examines the effects of decentralizing decision-making in multi-establishment firms. Using a unique dataset from the Liquor Control Board of Ontario (LCBO), we assess the impact of allowing store managers to control the inventory replenishment decisions of their stores. We first...

This paper is concerned with the interaction between price and inventory decisions in retailing firms and its implications on the dynamics of markups and the existence of sales promotions. We consider a model where a monopolistic competitive retailer decides price and inventories and assumes...

This paper is concerned with the interaction between price and inventory decisions in retailing firms and its implications on the dynamics of markups and the existence of sales promotions. We consider a model where a monopolistic competitive retailer decides price and inventories and assumes...