Follow the leader: price change timing in internet-based selling
Article Abstract:
Empirical regularities of price change timing for music CD vendors and booksellers is studied to assess several theoretical explanations of why internet tecnologies are not lessening information asymmetry in internet-based selling. It is found that Bertrand competition can not fully explain why sellers do not shift prices this way.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 2007
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Thick markets, market competition and pricing dynamics: evidence from retailers
Article Abstract:
The repercussion of thick markets and the intensity of market competition on price markups and the synchronization in price adjustments are empirically tested using store-level transaction price data for books and CDs. Data reveals that market competition has a non-linear depressing effect on price markups for popular items.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 2007
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Product line extensions: causes and effects
Article Abstract:
Product line extensions are created in response to expansions in market demand and tend to depress profit margins. Data were collected from a sample of US manufacturing industries.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 2008
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