Showing 1 - 10 of 45
Persistent link: https://www.econbiz.de/10009612971
The purpose of this paper is to examine the vertical relationship between the manufacturers of ready-to-eat cereals (RTEC) and the retailers in the Boston area. The study uses highly disaggregated (supermarket and brand level ) monthly data from Information Resources Inc (IRI) from 1995 to...
Persistent link: https://www.econbiz.de/10009442848
This paper applies the BLP approach to the demand for ready-to-eat cereals (RTECs) at the supermarket-chain level in Boston using IRI monthly data. The Random Coefficient Model is used to estimate the demand for 37 brands of RTECs at the leading supermarkets in the Boston area. The empirical...
Persistent link: https://www.econbiz.de/10009442940
The Seattle-Tacoma consumers have been paying higher prices for fresh milk than consumers in other Western states of United States. For instance, the retail price for whole milk averaged $3.27/gallon during the period of April 1999- April 2003 in Seattle-Tacoma, while it did not go beyond...
Persistent link: https://www.econbiz.de/10009443199
The increasing importance of services in industrialized economies is reflected in the relative importanceof service in product offerings at the retail level. Yet, typical economic studies accountonly for physical product attributes in models of product differentiation even when conductedwith...
Persistent link: https://www.econbiz.de/10009443224
This article extends the Berry, Levinsohn, Pakes (1995) model to include retail services by Boston supermarkets in an equilibrium model of breakfast cereals and then tests alternative vertical pricing games between manufacturers and supermarkets to ascertain who’s got the pricing power....
Persistent link: https://www.econbiz.de/10009444860
The <link rid="b2">Berry, Levinsohn, and Pakes (1995)</link> 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...
Persistent link: https://www.econbiz.de/10005324824
The increasing importance of services in industrialized economies is reflected in the relative importance of service in product offerings at the retail level. Yet, typical economic studies account only for physical product attributes in models of product differentiation even when conducted with...
Persistent link: https://www.econbiz.de/10005060729
The purpose of this paper is to examine the vertical relationship between the manufacturers of ready-to-eat cereals (RTEC) and the retailers in the Boston area. The study uses highly disaggregated (supermarket and brand level ) monthly data from Information Resources Inc (IRI) from 1995 to...
Persistent link: https://www.econbiz.de/10005500342
The Seattle-Tacoma consumers have been paying higher prices for fresh milk than consumers in other Western states of United States. For instance, the retail price for whole milk averaged $3.27/gallon during the period of April 1999- April 2003 in Seattle-Tacoma, while it did not go beyond...
Persistent link: https://www.econbiz.de/10005503457