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competition in the Boston fluid milk market. The problems of product dimensionality and consumer heterogeneity implied by …
Persistent link: https://www.econbiz.de/10010816311
the notion that Wal-Mart is good for competition and consumers. …
Persistent link: https://www.econbiz.de/10010816340
This paper provides an overview of recent research on estimating competitive interaction in food product categories. In particular, the focus of this review is on research using scanner data conducted at the disaggregate (e.g., store, chain or local market) level, including empirical studies of...
Persistent link: https://www.econbiz.de/10010816358
We introduce a model of dynamic price and advertising competition and use the model to investigate a popular segment of … model. To explore the implications of this specification decision on the assessment of price and advertising competition we … competition for multi-product firms; and compute the distribution of equilibrium price and advertising strategies to assess the …
Persistent link: https://www.econbiz.de/10010816379
Thank you for inviting me to speak to your conference. Given that the standard definition of an expert is someone who is more than a hundred miles from home I qualify as an expert on the western Canadian dairy industry. The conference organizing committee gave me as a working title, “Who...
Persistent link: https://www.econbiz.de/10010816383
In contrast to single-equation cross-sectional studies of private label share, developing a complete understanding of the nature of the competitive interaction between national brands and private labels requires an understanding of the determinants of both demand and strategic pricing decisions...
Persistent link: https://www.econbiz.de/10010635639
In this paper, we develop a framework for estimating market share and price reaction equations in an attempt to understand the nature of competitive interaction in the market for private label and branded grocery products. Specifically, we employ a Linear Approximate Almost Ideal Demand System...
Persistent link: https://www.econbiz.de/10010635660
Focusing on the interaction between national brands and private labels, this paper has two main empirical contributions: i) a simultaneous system of demand (share), price and expenditure equations is estimated, and ii) differences in the structure of the local geographic market are incorporated...
Persistent link: https://www.econbiz.de/10010635661
This article investigates the competition effects of supermarket food and non-food services using fluid milk as a case … study. A simultaneous equation model for services and price competition is estimated with scanner data from 16 supermarket …
Persistent link: https://www.econbiz.de/10010636779
Our recent meeting provided a factual basis for analysis of alternative milk policies. We analyzed the cost of production on farms, in processing, and in retailing. We collected and analyzed prices at the retail, wholesale, and farm level. This exercise gave us a rare glimpse into the...
Persistent link: https://www.econbiz.de/10010777189