Retail pricing strategies incorporate promotions, sales, and rigidities. A number of models have been proposed in particular to explain the occurrence of sales. Focussing on the market for fresh foods the model by Varian and the loss leader argument seem to be intuitively best fitting to the...

Temporary price reductions (sales) as a means of promotional measures have become an increasingly important tool in the marketing mix of German food retailers. Various models have been proposed to explain the rationales behind such pricing strategies. Recently these models have been extended by...

The impact of cross sectional aggregation over individual retail stores on the estimation and testing of vertical price transmission is investigated using a unique data set of individual retail prices. Systematic differences between the results of estimations using aggregated data on the one...

Using a unique panel data set for German grocery prices we find significant price synchronization within food retail chains as well as within individual food stores (between products). Price synchronization between chains appears to be less pronounced. Common shocks can only explain some...

Temporary price reductions (sales) as a means of promotional measures have become an increasingly important tool in the marketing mix of German food retailers. Various models have been proposed to explain the rationales behind such pricing strategies. Recently these models have been extended to...

This paper examines the exercise of market power by German food and beverage export industries over international markets. Two approaches are used: pricing-to-market (PTM) and residual demand elasticity (RDE). We find that, while in some cases the PTM approach indicates market power, the RDE...

Only a few studies have analysed staggering and synchronisation in pricing behaviour of multi-product firms. These studies used low-frequency data in an environment of high rates of inflation. This paper investigates staggering and synchronisation of weekly prices for ten food products in 131...

Seit der Reform der Gemeinsamen Marktordnung Milch im Jahr 2003 eskalieren die Auseinandersetzungen zwischen Milchbauern, Molkereien, Politikern und Lobbyisten immer wieder. Ein wesentlicher Streitpunkt ist die Höhe des Milchauszahlungspreises für die Landwirte. Bei diesen Diskussionen wird...

Der deutsche Lebensmitteleinzelhandel ist durch einen starken Preiswettbewerb gekennzeichnet. Hinweise für funktionierenden Wettbewerb sind einheitliche Preise und gleichzeitige Preisänderungen (Preissynchronisation) bei homogenen Gütern. Im deutschen Lebensmitteleinzelhandel sind jedoch...

In dem Beitrag wird am Beispiel von Primärdaten für landwirtschaftliche Betriebe in Schleswig-Holstein der Frage nach den Bestimmungsgründen für Aufnahme, Umfang und Diversifikation der außerbetrieblichen Einkommensquellen nachgegangen. Für die Messung der farmspezifischen Diversifikation...