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This paper evaluates product efficiency in the Spanish automobile market. We use non parametric frontier techniques in order to estimate product efficiency scores for each model. These scores reflect the minimum price for which each car could be sold, given the bundle of tangible features it...
Persistent link: https://www.econbiz.de/10011984968
Die Einzelhandelsumsätze konnten 2010 im Vergleich zum Vorjahr gesteigert werden. Für 2011 erwarten die Einzelhandelsbetriebe einen weiteren Anstieg der Umsätze und beabsichtigen vermehrt, den Personalstand zu erweitern. Zudem planen die Unternehmen häufiger, ihre Ausgaben für Bauten,...
Persistent link: https://www.econbiz.de/10011693240
We run a large field experiment with an online company specializing in selling used automobiles via ascending auctions. We manipulate experimentally the “price grid,” or the possible amounts that bidders can bid above the current standing price. Using two diverse auction sites, one in New...
Persistent link: https://www.econbiz.de/10012960800
Do consumers value the fuel economy of cars? In this paper we examine this question, taking advantage of the recent introduction of hybrid and battery-electric vehicles, which promise to reduce the use of fossil fuels in road transport, and hence carbon emissions and dependence on oil imports....
Persistent link: https://www.econbiz.de/10012872157
Persistent link: https://www.econbiz.de/10012711418
This paper evaluates product efficiency in the Spanish automobile market. We use non parametric frontier techniques in order to estimate product efficiency scores for each model. These scores reflect the minimum price for which each car could be sold, given the bundle of tangible features it...
Persistent link: https://www.econbiz.de/10011951838
We quantitatively investigate the allocative and welfare effects of secondary markets for cars. An important source of gains from trade in these markets is the heterogeneity in the willingness to pay for higher-quality (newer) goods, but transaction costs are an impediment to instantaneous...
Persistent link: https://www.econbiz.de/10010949135
El estudio analiza el impacto del sector automotor sobre la economía colombiana desde distintas aproximaciones. En la primera, se analiza la evolución de la producción, el comercio exterior, la apertura exportadora y la penetración de importaciones. Se evidencia el aumento de las...
Persistent link: https://www.econbiz.de/10011211270
Many states allow existing retail vehicle dealerships to challenge the entry of new competitors. Earlier studies found these restrictions resulted in higher vehicle retail prices. However, the studies used average vehicle prices or proxies for average prices and were not able to control for the...
Persistent link: https://www.econbiz.de/10010547764
Die Einzelhandelsumsätze konnten 2010 im Vergleich zum Vorjahr gesteigert werden. Für 2011 erwarten die Einzelhandelsbetriebe einen weiteren Anstieg der Umsätze und beabsichtigen vermehrt, den Personalstand zu erweitern. Zudem planen die Unternehmen häufiger, ihre Ausgaben für Bauten,...
Persistent link: https://www.econbiz.de/10009320799