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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/10014047339
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/10014028164
Persistent link: https://www.econbiz.de/10002864910
Persistent link: https://www.econbiz.de/10002753235
In this study, we empirically examine the extent of price rigidity using a unique store-level time series data set - consisting of (i) actual retail transaction prices, (ii) actual wholesale transaction prices which represent both the retailers' costs and the prices received by manufacturers,...
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The significant technological changes that spurred the growth of the Internet, affected how marketing channels changed over the period. While the launch of e-commerce in the 90-s gave a significant boost to research in multichannel marketing, the scope and nature of the inquiries have continued...
Persistent link: https://www.econbiz.de/10014264515