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Previous theoretical explanations for retail price fixity show that fixed retail prices can be consistent with either competitive or imperfectly competitive behavior. We develop a conceptual model of retail pricing wherein fixed price points are facilitating mechanisms for tacit collusion. A...
Persistent link: https://www.econbiz.de/10005202192
Persistent link: https://www.econbiz.de/10005220674
Consumer product manufacturers often compete in dynamic, multi-firm oligopolies using multiple strategic tools. While existing empirical models of strategic interaction typically consider only parts of the more general problem, this paper presents a more comprehensive alternative. Marketing...
Persistent link: https://www.econbiz.de/10005320806
Supermarket retailers make strategic pricing decisions in a high-frequency, repeated game environment both in buying and selling fresh produce. In this context, there is some question as to whether a non-cooperative equilibrium can emerge that produces margins above the competitive level....
Persistent link: https://www.econbiz.de/10005330352
Many public programs promote diets rich in fruits and vegetables based on evidence of the derived health benefits. Still, produce consumption in the United States lags behind other nations, even its most culturally similar neighbor--Canada. This study uses a structural latent variable model to...
Persistent link: https://www.econbiz.de/10005330426
Previous theoretical explanations for retail price fixity show that fixed retail prices can be consistent with either competitive or imperfectly competitive behavior. We develop a conceptual model of retail pricing wherein fixed price points are facilitating mechanisms for tacit collusion. A...
Persistent link: https://www.econbiz.de/10009392522
Persistent link: https://www.econbiz.de/10009392564
Fruit and vegetable growers often allege a shortage of agricultural workers, but in a review of the H2A nonimmigrant guestworker program the General Accounting Office claims that no such shortage exists. The apparent shortage may be due to workers that are in the labor force but do not choose to...
Persistent link: https://www.econbiz.de/10009392724
Punishment strategies are necessary to sustain a collusive oligopsony in a repeated game context when demand is uncertain and only market variables are observable. This article proposes a test for tacit collusion among potato processors in Washington state using a dynamic regime-switching model...
Persistent link: https://www.econbiz.de/10009397407
Native American obesity is hypothesized to result from three potential causes: (1) a genetic predisposition, or the “thrifty gene,” (2) a rational addiction to nutrients, and (3) dietary adjustment costs. These hypotheses are tested using a two-stage household production approach and scanner...
Persistent link: https://www.econbiz.de/10009401406