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The purpose of the research presented in this study is to examine the relationship of price dispersion to search costs, store choice, and market power in the food-retailing sector. The study used consumer level demographic information and brand level fluid milk consumption data from 33 U.S....
Persistent link: https://www.econbiz.de/10011275291
Persistent link: https://www.econbiz.de/10011275292
Persistent link: https://www.econbiz.de/10011275293
This article uses revealed preferences of consumers to study the consumer benefits from rBST-free and organic labeled milk. The article specifies and estimates a quadratic AIDS demand system model for different milk types using US supermarket scanner data. The introduction of rBST-free and...
Persistent link: https://www.econbiz.de/10011275294
Persistent link: https://www.econbiz.de/10011275295
Persistent link: https://www.econbiz.de/10011275296
This paper analyzes strategic retail pricing behavior in fluid milk in Boston and New York market using reduced form time series analysis. Pricing in Boston market is found to be more strategic than in the New York market. Plausible reasons can be due to retail pricing laws, ownership structures...
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