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Analyses of price rigidity mainly neglected food retailing industry. There are only few studies explicitly concerning … this part of the food process chain. In Blinder’s et al. (1998) analysis of the U.S. economy the food retailing industry is …
Persistent link: https://www.econbiz.de/10009446317
account. I present a new model of retailing in general equilibrium and explore its implications for a number of different …
Persistent link: https://www.econbiz.de/10010264598
This paper studies competition in prices and opening hours in a model with free entry. It is shown that under free competition a market failure arises: Entry is excessive and opening hours are under-provided. Restrictions on opening hours aggravate this failure. I analyze the impact of a...
Persistent link: https://www.econbiz.de/10010264686
large when market structure effects are taken into account, and that restrictions on retailing may have significant effects …
Persistent link: https://www.econbiz.de/10010265260
This paper investigates the implications for international markets of the existence of retailers/wholesalers with market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail market concentration. Due to this concentration retail prices...
Persistent link: https://www.econbiz.de/10010276305
We analyze below-cost pricing in retail markets and examine its impact on social welfare as well as on suppliers' incentives to invest in quality. Considering negotiations about a linear wholesale price between the retailer and her suppliers, we find that below-cost pricing aggravates the double...
Persistent link: https://www.econbiz.de/10010276612
We analyze the listing decisions of a retailer who may ask her suppliers to make upfront payments in order to be listed. We consider a sequential game with upfront payments being negotiated before short-term delivery contracts. We show that the retailer is more likely to use upfront payments the...
Persistent link: https://www.econbiz.de/10010276613
large when market structure effects are taken into account, and that restrictions on retailing may have significant effects …
Persistent link: https://www.econbiz.de/10010276624
We develop a general-equilibrium model to capture key features of the retailing and of the manufacturing industry in … shift in employment from manufacturing to retailing, the rise in retailer product assortment and the emergence of slotting … concentration is best explained by technological change in retailing. We also identify a novel benefit from market integration …
Persistent link: https://www.econbiz.de/10010277350
We develop a general-equilibrium model to capture key features of the retailing and of the manufacturing industry in … shift in employment from manufacturing to retailing, the rise in retailer product assortment and the emergence of slotting … concentration is best explained by technological change in retailing. We also identify a novel benefit from market integration …
Persistent link: https://www.econbiz.de/10010277404