New Empirical Evidence on Price Setting and Consumer Behaviour in the Retailing Sector. There are two objectives of this article: (i) It is discussed theoretically how the dynamics of pricing decisions of multiproduct retailers can be explained. (ii) It is analyzed empirically by use of scanner...

A substantial expansion of wine supply has induced a strong product proliferation on the market. It is not only the taste of wines that has become more diversified, but quality signals are increasingly utilized, too. Quality signals include information on the wine bottle, such as origin, grape...