The objective of this paper is to assess the degree and the structure of price dependence between different coffee … qualities of the Arabica and Robusta varieties. This is pursued using the statistical tool of copulas and monthly price data for … the period 1990:1–2014:12. Our results reveal evidence of asymmetric price dependence between the pairs Brazilian …

search theory and support the contention that information provision can intensify price competition … and referral agencies (R&Rs) in some markets. R&Rs provide consumers with information on availability, price, and … information reduces price dispersion, maximum price, and average price. With this model we examine empirically the effects of R …

Recent consumer research suggests that lowering search costs for quality information reduces consumer price sensitivity … that lowering quality search costs by smart agents can have the opposite effect on differentiation and price sensitivity … preferences. In this research, we ask and answer the following questions: In markets in which price and quality are uncorrelated …

constructed to thwart comparison shopping and to ward off price competition, dimming the appeal of many initial electronic … shopping services. Ceteris paribus, if electronic shopping lowers the cost of acquiring price information, it should increase … price sensitivity, just as is the case for price advertising. In a similar vein, though, electronic shopping can lower the …

). These technologies enable first-degree price discrimination: firms charge different prices to different consumers, based on …, despite the threat of first degree price discrimination, personalized pricing with competing firms can lead to an overall …