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Using weekly retail transaction scanner price data from a large U.S supermarket chain, we find significantly higher retail price rigidity for private label products than for nationally branded products during the Christmas and Thanksgiving holiday periods relative to the rest of the year. The...
Persistent link: https://www.econbiz.de/10008540678
-period opportunity cost of price adjustment increases dramatically for the stores. The data provide a natural experimental setting to …
Persistent link: https://www.econbiz.de/10005126197
Using weekly retail transaction scanner price data from a large U.S supermarket chain, we find significantly higher retail price rigidity for private label products than for nationally branded products during the Christmas and Thanksgiving holiday periods relative to the rest of the year. The...
Persistent link: https://www.econbiz.de/10005126252
In this study, we empirically examine the extent of price rigidity using a unique store-level time series data set - consisting of (i) actual retail transaction prices, (ii) actual wholesale transaction prices which represent both the retailers' costs and the prices received by manufacturers,...
Persistent link: https://www.econbiz.de/10005561335
. In an effort to discover some of these reasons we ground ourselves in the context of price adjustment, and present a … cut prices, and everyone in the firm agrees with this assessment, suggesting a fairly straightforward price adjustment … incorporated into economic understanding of price adjustment. We discover that the largest barriers to price adjustment are related …
Persistent link: https://www.econbiz.de/10008465857
limited the Company’s price adjustment options due to limited availability and unreliability of the existing flexible price … adjustment technologies, and (3) a single-coin monetary transaction technology, which limited the Company’s price adjustment … options due to the customer “inconvenience cost.” We show that these price adjustment costs are of a different nature than the …
Persistent link: https://www.econbiz.de/10012120487
limited the Company's price adjustment options due to limited availability and unreliability of the existing flexible price … adjustment technologies, and (3) a single-coin monetary transaction technology, which limited the Company's price adjustment … options due to the customer "inconvenience cost." We show that these price adjustment costs are of a different nature than the …
Persistent link: https://www.econbiz.de/10013204741
limited the Company’s price adjustment options due to limited availability and unreliability of the existing flexible price … adjustment technologies, and (3) a single-coin monetary transaction technology, which limited the Company’s price adjustment … options due to the customer “inconvenience cost.” We show that these price adjustment costs are of a different nature than the …
Persistent link: https://www.econbiz.de/10005412575
limited the Company's price adjustment options due to limited availability and unreliability of the existing flexible price … adjustment technologies, and (3) a single-coin monetary transaction technology, which limited the Company's price adjustment … options due to the customer "inconvenience cost." We show that these price adjustment costs are of a different nature than the …
Persistent link: https://www.econbiz.de/10008465859
limited the Company’s price adjustment options due to limited availability and unreliability of the existing flexible price … adjustment technologies, and (3) a single-coin monetary transaction technology, which limited the Company’s price adjustment … options due to the customer “inconvenience cost.” We show that these price adjustment costs are of a different nature than the …
Persistent link: https://www.econbiz.de/10005789801