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This paper explores the role of retailers as an urban amenity. Using data for Swedish rural and city municipalities for 2002-2008, "accessibility to shops" measures are constructed for the shops in the municipalities and in the hosting regions separately to examine the relationship between...
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In this article, we provide a novel measure of product differentiation by observing consumer search behavior directly. We track individual consumers in a price search engine and generate a measure of distance in product space, based on goods surveyed conjointly within individual search episodes....
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We investigate the relationship between external quality evaluation via experts, firm reputation and product prices and extend the existing empirical literature in three dimensions. First, we empirically account for endogenous reputation effects. An increase in quality has an immediate positive...
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We investigate how consumer information affects price adjustment in the Austrian retail gasoline market. Our measure of consumer information is obtained from detailed census data on commuting behavior, as commuters can freely sample prices on their commuting route and are thus better informed...
Persistent link: https://www.econbiz.de/10012132911
In this article, we provide a novel measure of product differentiation by observing consumer search behavior directly. We track individual consumers in a price search engine and generate a measure of distance in product space, based on goods surveyed conjointly within individual search episodes....
Persistent link: https://www.econbiz.de/10012416239
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