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in retailing and leads to a consolidation in this industry. As a consequence, surviving retailers have larger catchment … areas and consumers have to travel longer distances for their errands. These adjustments in retailing create a trade …
Persistent link: https://www.econbiz.de/10010300180
This paper studies shopping hour decisions by retail chains and independent competitors. We use a Salop-type model where retailers compete in prices and shopping hours. Our results depend significantly on efficiency differences between retail chain and independent retailer. If the efficiency...
Persistent link: https://www.econbiz.de/10010302574
We investigate the effect of market structure on market performance in the market for consumer electronics. This research is novel, because we exploit product life cycle information to build an instrumental variable for the number of firms in a market, a variable which hitherto had to be treated...
Persistent link: https://www.econbiz.de/10010307832
The choice of an appropriate e-commerce strategy is crucial for the survival of online stores in B2C e-commerce business. We use a comprehensive data set from the Austrian price search engine geizhals.at to identify successful e-commerce strategies. An e-commerce strategy is a set of choices...
Persistent link: https://www.econbiz.de/10011916776
account. I present a new model of retailing in general equilibrium and explore its implications for a number of different …
Persistent link: https://www.econbiz.de/10010264598
This paper studies competition in prices and opening hours in a model with free entry. It is shown that under free competition a market failure arises: Entry is excessive and opening hours are under-provided. Restrictions on opening hours aggravate this failure. I analyze the impact of a...
Persistent link: https://www.econbiz.de/10010264686
We provide a theory of how RPM facilitate upstream cartels absent any information asymmetries using a model with manufacturer and retailer competition. Because retailers have an effective outside option to each manufacturer's contract, the manufacturers can only ensure contract acceptance by...
Persistent link: https://www.econbiz.de/10012287933
In a model with manufacturer and retailer competition, we show that RPM facilitates manufacturer cartels when retailers have an outside option to selling the manufacturer's product. Because retailers have an effective outside option, the manufacturer can only ensure contract acceptance by...
Persistent link: https://www.econbiz.de/10012662688
We provide a novel theory of harm for resale price maintenance (RPM). In a model with two manufacturers and two retailers, we show that RPM facilitates manufacturer collusion when retailers have alternatives to selling a manufacturer's product. Because of the alternatives, manufacturers can only...
Persistent link: https://www.econbiz.de/10014476263
conservation. The retailing is part of this process, playing an important role due to the connection it provides between producers … and consumers. The objectives of this study were to highlight the extent to which retailing developed in Romania, to … investigation. After analyzing the data, it was concluded that the retailing sector in Romania is a powerful one, with a market …
Persistent link: https://www.econbiz.de/10011724829