Chain heterogeneity and price-setting behavior
作者： Xulia González
DOI: 10.1016/J.ELERAP.2017.09.008
关键词:
摘要: The role of chain heterogeneity in price setting behavior is analyzed.The data set consists more than 1.5million daily prices from Internet.Supermarket chains adopt heterogeneous pricing strategies.There variation across among the stores within a chain.Determinants frequency changes are analized. This paper investigates price-setting decisions. comprises 1.5 million observations gathered Web pages main grocery retailer operating Spain. empirical analysis reveals that strategies at level (i.e., not individual store level) play significant on with changed and also prices. For given product, there far levels chain. Furthermore, our results suggest some retail regular centralized fashion. We explore other drivers by estimating an instrumental variables Poisson model. find popular products exhibit rivals have positive effect.
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