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Online data was collected for 350,000 products from over 65 fashion retailers in the U.S. and the U.K. Many retailers practice an extreme form of stickiness described as quantum prices: a large number of differentiated products are priced using few sparse prices, with price changes occurring...
Persistent link: https://www.econbiz.de/10013252021
Online data was collected for 350,000 products from over 65 fashion retailers in the U.S. and the U.K. Many retailers practice an extreme form of stickiness described as quantum prices: a large number of differentiated products are priced using few sparse prices, with price changes occurring...
Persistent link: https://www.econbiz.de/10013323627
This paper studies pricing in the fashion retail industry. Online data was collected for approximately 350,000 distinct products from over 65 retailers in the U.S. and the U.K. We present evidence that a fair fraction of retailers implement an extreme form of price stickiness that we describe as...
Persistent link: https://www.econbiz.de/10012479170
Persistent link: https://www.econbiz.de/10012414701
Persistent link: https://www.econbiz.de/10012179321
We study the impact of targeted price controls for supermarket products in Argentina from 2007 to 2015. Using web-scraping, we collected daily prices for controlled and non-controlled goods and measured the differential effects on inflation, product availability, and price dispersion. We first...
Persistent link: https://www.econbiz.de/10012453439
Persistent link: https://www.econbiz.de/10011800094
Over the past decade, an increasing number of firms have delegated pricing decisions to algorithms in consumer markets such as travel, entertainment, and retail; business markets such as digital advertising; and platform markets such as ride-sharing. This trend, driven primarily by the increased...
Persistent link: https://www.econbiz.de/10014576568
Persistent link: https://www.econbiz.de/10014515854
We study the impact of targeted price controls on supermarket products in Argentina between 2007 and 2015. Using web-scraping methods, we collected daily prices for controlled and non-controlled goods and examined the differential effects of the policy on inflation, product availability, entry...
Persistent link: https://www.econbiz.de/10012862661