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| Binkley, James K.; Connor, John M.. |
| This paper examines the relationship of 1987 retail grocery prices to supermarket sales concentration across 95 U.S. metropolitan areas. The regression model incorporates a large number of population, retail-cost, and retail competition factors and separate prices by type of grocery item. We find that the concentration-price relationship is sensitive to item type: positive for packaged, branded, dry groceries and unrelated for produce, meat, and dairy product prices. As for market rivalry, we find that small grocery stores provide no grocery price competition for supermarkets. However, branded grocery prices are driven down by fast-food places and by rapid price churning, whereas for unbranded foods the presence of warehouse stores places downward... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Retail grocery trade; Pricing policy; Variable price merchandising; Market competition; Category management; Market structure; Sales concentration; Price discrimination; Price rivalry; Oligopoly; Food demand; Food prices; Consumer/Household Economics. |
| Ano: 1996 |
URL: http://purl.umn.edu/25988 |
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| Alderighi, Marco; Nicolini, Marcella; Piga, Claudio A.. |
| Based on two strands of theoretical research, this paper provides new evidence on how fares are jointly affected by in-flight seat availability and purchasing date. As capacity-driven theories predict, it emerges that fares monotonically and substantially increase with the flights occupancy rate. Moreover, as suggested in the literature on intertemporal price discrimination, the adoption of advance purchase discounts is widespread as the departure date nears, but it may be part of a U-shaped temporal profile, where discounts are preceded by periods of relatively higher fares. Finally, the intervention of yield management analysts appears to play a substantial role. |
| Tipo: Working Paper |
Palavras-chave: Pricing policy; Panel Data; Ryanair; Yield Management; Demand and Price Analysis; D22; L11; L93. |
| Ano: 2012 |
URL: http://purl.umn.edu/122020 |
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