Modelling price dispersion as an outcome of competition in the Irish grocery market

Article Abstract:

A study investigated whether the observed dispersion in the market price of related brands within product categories of the Irish Independent Grocery market is due to competitive type or monopoly type pricing of brands over heterogeneous consumer segments. Findings reveal indirect evidence of competitive type rather than monopoly type brand pricing over heterogeneous consumer segments. It supports brand pricing across consumer groups that induce different degrees of localized imperfect price competition.

Grocery Stores, Supermarkets and Other Grocery (except Convenience) Stores, Pricing Policy, Case studies, Prices and rates, Grocery industry, Ireland, Pricing, Brand name products, Brand names

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Flexible manufacturing, uncertain consumer tastes, and strategic entry deterrence

Article Abstract:

A study was conducted to examine flexible manufacturing systems and barriers to entry based on a sequential game model. Results show that established firms in the market possesses a level of flexibility called the zone of strategic flexibility. This property allows the incumbent firm to deter entry by a potential firm into the market. The flexibility property is conditioned by consumer preference, technology acquisition costs and production switching costs.

Consumer preferences, Flexible manufacturing systems

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Barrier and queue effects: a study of leading US supermarket chain entry patterns

Article Abstract:

A study was conducted to analyze the initial entry of the top 20 US supermarket chains into local markets by applying logit analysis. Results show that the potential market participant's local market proximity, market growth, concentration, present industry chains in the market, and the entrant's competitiveness influence market entry. The presence of strategic entry barriers show various influences over entry.

United States, Retail trade, Statistics, Supermarkets, Queuing theory

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