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Wal-Mart, the largest retailer worldwide, has been suspected of exercising market power over input providers, both merchandise suppliers and workers. However, in spite of a growing body of literature investigating the beneficialeconomic impact of the company through its price-lowering effect,...
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Despite the significant interest shown by academics as to investigating the market of functionalfoods, little empirical research has used market data to infer on the characteristics of functional foods’consumers via demand analysis. Using a discrete choice (nested-logit) model and scanner data...
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This article investigates the impacts of private labels (PLs) on fluid milk prices and price differentials using 2,759 supermarket-level observations from 10 cities. Non-parametric results reveal that although PL milk prices decrease as PL milk shares expand, eventually the effect is to increase...
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