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This paper investigates the impacts of the 2018-2019 Sino-American trade war on price diffusion and information transfer relationships between soybean futures prices on the Chicago Mercantile Exchange in Chicago and the Dalian Futures Exchange in Liaoning China. Results show that previous...
Persistent link: https://www.econbiz.de/10014082513
Bargaining between consumer-product manufacturers and their retail customers is at least nominally constrained by the prohibitions on price discrimination of the Robinson-Patman Act (RPA) of 1936. However, because the RPA is generally regarded as being inconsistent with the anti-trust principle...
Persistent link: https://www.econbiz.de/10014032649
We measure the links between store attribute perceptions and customer satisfaction, and between customer satisfaction and sales performance, in the food retail sector. Our data set consists of six waves of customer satisfaction and sales information for about 250 stores over the period 1998-2001...
Persistent link: https://www.econbiz.de/10014086203
Consumers often use an expected future price of a product as a reference for judging the current price, and consequently make purchase decisions such as whether to buy and how much to buy. Extant literature has acknowledged the use of an expected future price of a product in formation of price...
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Purpose: This paper aims to examine the unintended negative effect of incentivizing shoppers to make unplanned purchases through incentive reminders during shopping trips. Design/methodology/approach: Two experimental studies with between-subject designs were conducted to examine the effect of...
Persistent link: https://www.econbiz.de/10012073667
Pricing is one of the most crucial determinants of sales. Besides the actual price, how the price offering is presented to consumers also affects consumer evaluation of the product offering. Many studies focus on “price framing,” i.e., how the offer is communicated to the consumer is the...
Persistent link: https://www.econbiz.de/10013030009
For a shopping mall, sales leakage occurs when consumer purchases facilitated by the mall are finalized outside it. These sales include, for example, catalog orders filled at the leased premises in a physical mall; For an Internet mall, they include the ones consumers make on an on-line store's...
Persistent link: https://www.econbiz.de/10013030022