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This article investigates the competition effects of supermarket services using fluid milk as a case study. A simultaneous equation model for services and price competition is estimated with scanner data from fifteen supermarket chains using two alternative measures of services, namely store...
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The Berry, Levinsohn, and Pakes (1995) market equilibrium model is extended to the supermarket chain level to examine consumer choices and retail competition for thirty-seven brands of breakfast cereals in Boston. Estimated taste parameters for product characteristics vary significantly across...
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This article quantifies the importance of market structure variables in determining the allocative efficiency losses from oligopoly power in the food and tobacco industries. Empirical findings indicate that these losses are likely to be higher in markets characterized by high R&D and advertising...
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