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online price dispersion declined between 2000 and 2001 when there was a shakeout in Internet retailing, it increased from …We investigate how online price dispersion has evolved since the bursting of the Internet bubble by comparing price … software. The proportion of items for which price dispersion at multi-channel retailers was higher than that at pure play e …
Persistent link: https://www.econbiz.de/10014029806
, although online price dispersion declined between 2000 and 2001 when there was a shakeout in Internet retailing, it increased …We investigate how online price dispersion has evolved since the bursting of the Internet bubble by comparing price … software. The proportion of items for which price dispersion at multi-channel retailers was higher than that at pure play e …
Persistent link: https://www.econbiz.de/10014029846
endogenous international price movements that are consistent with both the "old" and the "new" facts. In this mechanism, firms … operating in a monopolistically competitive environment adjust price and quality of their products in response to technological … shocks. This model is consistent with the old facts if price levels are not adjusted for quality. Instead, if quality …
Persistent link: https://www.econbiz.de/10012989625
of price and income elasticities for alcohol beverages. The analysis improves on previous meta-analyses by correcting for … exceeds the database used in previous reviews and meta-analyses. Results: For individual beverages, corrected price …. The average price and income elasticities are: beer, -0.30 and 0.50; wine, -0.45 and 1.00; and spirits, -0.55 and 1 …
Persistent link: https://www.econbiz.de/10009783233
If global warming is to stay below 2°C, there are four risks of assets stranding. First, substantial fossil fuel reserves will be stranded at the end of the fossil era. Second, this will be true for exploration capital too. Third, unanticipated changes in present or expected future climate...
Persistent link: https://www.econbiz.de/10012039083
This paper surveys the current state of global empirical research on price setting behaviour at the firm level to … evaluate the adequacy of pricing models used in the macro literature. To that end, it analyses the implications of 25 …
Persistent link: https://www.econbiz.de/10013132147
of empirical research has documented price-setting behaviour at the individual level, allowing the assessment of the … micro-foundations of pricing models. This paper analyses the implications of 25 theoretical models in terms of individual … available to account for all of them, suggesting the need to develop more realistic micro-founded price setting models …
Persistent link: https://www.econbiz.de/10013132406
of empirical research has documented price setting behaviour at the individual level, allowing the assessment of the … micro foundations of pricing models. This paper analyses the implications of 25 theoretical models in terms of individual … available to account for all of them, suggesting the need to develop more realistic micro founded price setting models …
Persistent link: https://www.econbiz.de/10012729074
Persistent link: https://www.econbiz.de/10011774229
Persistent link: https://www.econbiz.de/10011563225