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retail outlet. If the complementarity effect resulting from shopping costs dominates the original substitution effect, the …
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Out-of-Stock (OOS) is a prevalent problem customers face at the POS. In this paper, we demonstrate both theoretically and empirically how OOS-induced substitution patterns can be explained and predicted by means of context and phantom theory. We further analyze the relevance of promotions, for...
Persistent link: https://www.econbiz.de/10008989876
of brand switching for stock-outs of promotional products. Furthermore, our study emphasizes outlet switching as a so far …
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finding is that promotion has a strong effect on brand choice. This paper examines whether brand switching elasticities … analyses. First is a simulation based on synthetic data. We show that if the structural model is correct, brand switching … illustration of the Lucas Critique. Our overall conclusion is that reduced form model estimates of brand switching elasticities can …
Persistent link: https://www.econbiz.de/10014117114
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We analyze the listing decisions of a retailer who may ask her suppliers to make upfront payments in order to be listed. We consider a sequential game with upfront payments being negotiated before short-term delivery contracts. We show that the retailer is more likely to use upfront payments the...
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