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This paper examines the incentives for firms to share information vertically in a two-level supply chain in which there are one upstream firm, a manufacturer, and many downstream firms, retailers. The retailers are engaged in a Cournot competition and are endowed with some private information....
Persistent link: https://www.econbiz.de/10014033691
We examine retail and wholesale prices for a large supermarket chain over seven and one-half years. We find that prices fall on average during seasonal demand peaks for a product, largely due to changes in retail margins. Retail margins for specific goods fall during peak demand periods for that...
Persistent link: https://www.econbiz.de/10005369012
In a competitive marketplace, the effectiveness of any element of the marketing mix is determined not only by its absolute value, but its relative value with respect to the competition. For example, the effectiveness of a price cut in increasing demand is critically related to competitors'...
Persistent link: https://www.econbiz.de/10005586969
The impact of a firm's strategic marketing mix choices on profitability can be evaluated by understanding the impact of those choices on consumer demand for the firm's products and on the firm's costs. Additionally, a firm's strategic marketing mix choices, and its demand and costs can be...
Persistent link: https://www.econbiz.de/10005147074