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are less likely to be introduced, and existing products are less likely to be discontinued during holiday periods than … activities during holiday periods. We discuss how this relates to the exiting literature on non‐price adjustment and price …
Persistent link: https://www.econbiz.de/10012140551
are less likely to be introduced, and existing products are less likely to be discontinued during holiday periods than … activities during holiday periods. We discuss how this relates to the exiting literature on non-price adjustment mechanisms, cost …
Persistent link: https://www.econbiz.de/10013204756
The Thanksgiving-Christmas holiday period is a major sales period for US retailers. Due to higher store traffic, tasks …, become more urgent during holidays. As a result, the holiday-period opportunity cost of price adjustment may increase … holiday periods than non-holiday periods. For example, the econometric model we estimate suggests that the probability of a …
Persistent link: https://www.econbiz.de/10005616644
Discussion of "Lumpy Price Adjustments: A Microeconometric Analysis" by Emmanuel Dhyne, Catherine Fuss, Hashem Pesaran, and Patrick Sevestre (2007); Presented at the Spring 2007 Conference of the Deutsche Bundesbank and the Banque De France on "Micro-Data and Macroeconomic Implications," April...
Persistent link: https://www.econbiz.de/10005836083
This is a discussion of Ratfai (2007), presented at the 2007 Macroeconomics Workshop of the Rimini Center for Economic Analysis on "The Macroeconomics of Price Setting," May 10-11, 2007, University of Bologna, Rimini, Italy.
Persistent link: https://www.econbiz.de/10011107663
The fact that organizations find it hard to change in response to shocks in the environment is a crucial feature of the economy. Yet we know little about why it is so difficult for organizations to adjust, and where these limitations come from. In an effort to discover some of these reasons we...
Persistent link: https://www.econbiz.de/10013204755
The fact that organizations find it hard to change in response to shocks in the environment is a crucial feature of the economy. Yet we know little about why it is so difficult for organizations to adjust, and where these limitations come from. In an effort to discover some of these reasons we...
Persistent link: https://www.econbiz.de/10008465857
We examine how retailers discount the prices of product systems versus their constituent components. The topic is important because such systems are ubiquitous in our daily lives. In particular, many high-tech markets revolve around complex multi-component systems – e.g. a camera system...
Persistent link: https://www.econbiz.de/10014041348
are less likely to be introduced, and existing products are less likely to be discontinued during holiday periods than … activities during holiday periods. We discuss how this relates to the exiting literature on non-price adjustment and price …
Persistent link: https://www.econbiz.de/10014026412
We study the price adjustment practices and provide quantitative measurement of the managerial and customer costs of price adjustment using data from a large U.S. industrial manufacturer and its customers. We find that price adjustment costs are a much more complex construct than the existing...
Persistent link: https://www.econbiz.de/10005076839