Showing 1 - 10 of 561
We investigate the impact of price discrimination by a large Chicago supermarket chain. First we measure the impact of the chain's current zone-pricing policy on shelf prices, variable profits and consumer welfare across its stores. Using the chain's database to simulate a finer store-specific...
Persistent link: https://www.econbiz.de/10010865212
Market structure analysis continues to be a topic of considerable interest to marketing researchers. One of the most common representations of the manner in which brands compete in a market is via market maps that show the relative locations of brands in multi-attribute space. In this paper, we...
Persistent link: https://www.econbiz.de/10015389436
Discrete choice models of aggregate demand, such as the random coefficients logit, can handle large differentiated products categories parsimoniously while still providing flexible substitution patterns. However, the discrete choice assumption may not be appropriate for many categories in which...
Persistent link: https://www.econbiz.de/10014026579
We present a framework to measure empirically the size of indirect network effects in high-technology markets with competing incompatible technology standards. These indirect network effects arise due to inter-dependence in demand for hardware and compatible software. By modeling the joint...
Persistent link: https://www.econbiz.de/10014029637
We present a framework to measure empirically the size of indirect network effects in high-technology markets with competing incompatible technology standards. These indirect network effects arise due to inter-dependence in demand for hardware and compatible software. By modeling the joint...
Persistent link: https://www.econbiz.de/10014030938
Persistent link: https://www.econbiz.de/10003412645
Persistent link: https://www.econbiz.de/10003412689
This paper develops a framework to measure "tipping" - the increase in a firm's market share dominance caused by indirect network effects. Our measure compares the expected concentration in a market to the hypothetical expected concentration that would arise in the absence of indirect network...
Persistent link: https://www.econbiz.de/10014047894
Persistent link: https://www.econbiz.de/10006871765
This paper investigates whether the tendency to buy store brand is category specific, or an enduring consumer trait. We develop a multicategory brand-choice model with a factor-analytic structure on the covariance matrix of the coefficients. The methodology allows us to elicit the basic latent...
Persistent link: https://www.econbiz.de/10008787872