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Ray, Sourav; Wang, Li; Levy, Daniel; Bergen, Mark - 2019

Electronic shelf label (ESL) is an emerging price display technology around the world. While these new technologies require non-trivial investments by the retailer, they also promise significant operational efficiencies in the form of savings in material, labor and managerial costs. The presumed...

Persistent link: https://www.econbiz.de/10012052133

Pricing better

Ray, Sourav; Wang, Li; Levy, Daniel; Bergen, Mark - 2019

Persistent link: https://www.econbiz.de/10012387264

When Little Things Mean a Lot: On the Inefficiency of Item Pricing Laws

Bergen, Mark; Levy, Daniel; Ray, Sourav; Rubin, Paul H.; … - 2004

We study item-pricing laws (which require that each item in a store be individually marked with a price sticker) and examine and quantify their costs and benefits. On the cost side, we argue that item-pricing laws increase the retailers’ costs, forcing them to raise prices. We test this...

Persistent link: https://www.econbiz.de/10013204745

Asymmetric Wholesale Pricing: Theory and Evidence

Ray, Sourav; Chen, Haipeng (Allan); Bergen, Mark; Levy, … - 2005

Asymmetric pricing is the phenomenon where prices rise more readily than they fall. We articulate, and provide empirical support for, a theory of asymmetric pricing in wholesale prices. In particular, we show how wholesale prices may be asymmetric in the small but symmetric in the large, when...

Persistent link: https://www.econbiz.de/10013204748

Holiday Non-Price Rigidity and Cost of Adjustment

Muller, Georg; Bergen, Mark; Dutta, Shantanu; Levy, Daniel - 2006

There has been increasing interest in understanding how firms undertake non-price adjustment activities, especially in situations where prices may be rigid despite changes in market conditions. Using scanner price data for over 4,500 different food products from a large US supermarket chain, we...

Persistent link: https://www.econbiz.de/10013204756

Holiday Non-Price Rigidity and Cost of Adjustment

Müller, Georg; Bergen, Mark; Dutta, Shantanu; Levy, Daniel - In: Managerial and Decision Economics 28 (2007) 7 (Special Issue: Price Rigidity and Flexibility: New Empirical Evidence), pp. 817-832

There has been increasing interest in understanding how firms undertake non‐price adjustment activities, especially in situations where prices may be rigid despite changes in market conditions. Using scanner price data for over 4500 different food products from a large US supermarket chain, we...

Persistent link: https://www.econbiz.de/10012140551

When Little Things Mean a Lot: On the Inefficiency of Item‐Pricing Laws

Bergen, Mark; Levy, Daniel; Ray, Sourav; Rubin, Paul H.; … - In: Journal of Law and Economics 51 (2008) 2, pp. 209-250

Item‐pricing laws (IPLs) require a price tag on every item sold by a retailer. We study IPLs and assess their efficiency by quantifying their costs and comparing them to previously documented benefits. On the cost side, we posit that IPLs should lead to higher prices because they increase the...

Persistent link: https://www.econbiz.de/10012140588

Asymmetric Wholesale Pricing: Theory and Evidence

Ray, Sourav; Chen, Haipeng (Allan); Bergen, Mark; Levy, … - In: Marketing Science 25 (2006) 2, pp. 109-201

Asymmetric pricing or asymmetric price adjustment is the phenomenon where prices rise more readily than they fall. We offer and provide empirical support for a new theory of asymmetric pricing in wholesale prices. Wholesale prices may adjust asymmetrically in the small but symmetrically in the...

Persistent link: https://www.econbiz.de/10012140617

Digital music consumption on the internet

Aguiar, Luis; Martens, Bertin - 2013

The goal of this paper is to analyze the behaviour of digital music consumers on the Internet. Using clickstream data … the legal purchases of digital music. Our results suggest that Internet users do not view illegal downloading as a …

Persistent link: https://www.econbiz.de/10012055309

Has the digital divide been reversed? Evidence from five EU countries

Pantea, Smaranda; Martens, Bertin - 2013

This paper examines whether there is a digital divide in the use of the internet in general and for specific purposes … clickstream of almost 20,000 internet users in the five largest EU economies during 2011. Our main finding is that, for those who … have access to the Internet, the income-based digital divide in internet use has been reversed. Low-income internet users …

Persistent link: https://www.econbiz.de/10012055311