The Elusive Law of One Retail Chain Price
Author
Abstract
Suggested Citation
DOI: 10.1007/s10842-023-00404-3
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Yuriy Gorodnichenko & Viacheslav Sheremirov & Oleksandr Talavera, 2018.
"Price Setting in Online Markets: Does IT Click?,"
Journal of the European Economic Association, European Economic Association, vol. 16(6), pages 1764-1811.
- Yuriy Gorodnichenko & Viacheslav Sheremirov & Oleksandr Talavera, 2014. "Price Setting in Online Markets: Does IT Click?," NBER Working Papers 20819, National Bureau of Economic Research, Inc.
- Yuriy Gorodnichenko & Viacheslav Sheremirov & Oleksandr Talavera, 2015. "Price setting in online markets: does IT click?," Working Papers 15-1, Federal Reserve Bank of Boston.
- Alberto Cavallo, 2017.
"Are Online and Offline Prices Similar? Evidence from Large Multi-channel Retailers,"
American Economic Review, American Economic Association, vol. 107(1), pages 283-303, January.
- Alberto F. Cavallo, 2016. "Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers," NBER Working Papers 22142, National Bureau of Economic Research, Inc.
- Yuriy Gorodnichenko & Oleksandr Talavera, 2017.
"Price Setting in Online Markets: Basic Facts, International Comparisons, and Cross-Border Integration,"
American Economic Review, American Economic Association, vol. 107(1), pages 249-282, January.
- Yuriy Gorodnichenko & Oleksandr Talavera, 2014. "Price Setting in Online Markets: Basic Facts, International Comparisons, and Cross-border Integration," NBER Working Papers 20406, National Bureau of Economic Research, Inc.
- Talavera, Oleksandr & Gorodnichenko, Yuriy, 2015. "Price setting in online markets: Basic facts, international comparisons, and cross-border integration," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112885, Verein für Socialpolitik / German Economic Association.
- Rebecca Diamond & Enrico Moretti, 2021.
"Where is Standard of Living the Highest? Local Prices and the Geography of Consumption,"
NBER Working Papers
29533, National Bureau of Economic Research, Inc.
- Diamond, Rebecca & Moretti, Enrico, 2022. "Where is Standard of Living the Highest? Local Prices and the Geography of Consumption," CEPR Discussion Papers 16894, C.E.P.R. Discussion Papers.
- Diamond, Rebecca & Moretti, Enrico, 2021. "Where Is Standard of Living the Highest? Local Prices and the Geography of Consumption," Research Papers 3997, Stanford University, Graduate School of Business.
- Marie-Laure Allain & Claire Chambolle & Stéphane Turolla & Sofia B. Villas-Boas, 2017.
"Retail Mergers and Food Prices: Evidence from France,"
Journal of Industrial Economics, Wiley Blackwell, vol. 65(3), pages 469-509, September.
- Marie-Laure Allain & Claire Chambolle & Stéphane Turolla & Sofia Villas-Boas, 2017. "Retail Mergers and Food Prices: Evidence from France," Post-Print hal-03542103, HAL.
- Marie-Laure Allain & Claire Chambolle & Stéphane Turolla & Sofia Villas-Boas, 2017. "Retail Mergers And Food Prices: Evidence From France ," Post-Print hal-03283941, HAL.
- Allain, Marie‐Laure & Chambolle, Claire & Turolla, Stéphane & Villas‐Boas, Sofia B, 2017. "Retail Mergers and Food Prices: Evidence from France," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt7th5b6qc, Department of Agricultural & Resource Economics, UC Berkeley.
- Günter J. Hitsch & Ali Hortaçsu & Xiliang Lin, 2021. "Prices and promotions in U.S. retail markets," Quantitative Marketing and Economics (QME), Springer, vol. 19(3), pages 289-368, December.
- Emmanuel Dhyne & Luis J. Alvarez & Herve Le Bihan & Giovanni Veronese & Daniel Dias & Johannes Hoffmann & Nicole Jonker & Patrick Lunnemann & Fabio Rumler & Jouko Vilmunen, 2006. "Price Changes in the Euro Area and the United States: Some Facts from Individual Consumer Price Data," Journal of Economic Perspectives, American Economic Association, vol. 20(2), pages 171-192, Spring.
- Marcus Asplund & Richard Friberg, 2002. "Food Prices and Market Structure in Sweden," Scandinavian Journal of Economics, Wiley Blackwell, vol. 104(4), pages 547-566, December.
- Nicoletta Berardi & Erwan Gautier & Hervé Le Bihan, 2015.
"More Facts about Prices: France Before and During the Great Recession,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(8), pages 1465-1502, December.
- Berardi, N. & Gautier, E. & Le Bihan, H., 2013. "More Facts about Prices: France Before and During the Great Recession," Working papers 425, Banque de France.
- Nicoletta Berardi & Erwan Gautier & Hervé Le Bihan, 2014. "More facts about prices: France before and during the Great Recession," Working Papers hal-01060564, HAL.
- Greg Kaplan & Guido Menzio, 2015.
"The Morphology Of Price Dispersion,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(4), pages 1165-1206, November.
- Greg Kaplan & Guido Menzio, 2014. "The Morphology of Price Dispersion," Working Papers 239, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Greg Kaplan & Guido Menzio, 2014. "The Morphology of Price Dispersion," PIER Working Paper Archive 14-002, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Greg Kaplan & Guido Menzio, 2014. "The Morphology of Price Dispersion," NBER Working Papers 19877, National Bureau of Economic Research, Inc.
- Susan E. Woodward & Robert E. Hall, 2012.
"Diagnosing Consumer Confusion and Sub-optimal Shopping Effort: Theory and Mortgage-Market Evidence,"
American Economic Review, American Economic Association, vol. 102(7), pages 3249-3276, December.
- Susan E. Woodward & Robert E. Hall, 2010. "Diagnosing Consumer Confusion and Sub-Optimal Shopping Effort: Theory and Mortgage-Market Evidence," NBER Working Papers 16007, National Bureau of Economic Research, Inc.
- Jessie Handbury & David E. Weinstein, 2015.
"Goods Prices and Availability in Cities,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 82(1), pages 258-296.
- Jessie Handbury & David E. Weinstein, 2011. "Goods Prices and Availability in Cities," NBER Working Papers 17067, National Bureau of Economic Research, Inc.
- Anania, Giovanni & Nistico, Rosanna, 2012. "Price dispersion, search costs and consumers and sellers heterogeneity in retail food markets," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 125594, International Association of Agricultural Economists.
- Anindya Ghose & Yuliang Yao, 2011. "Using Transaction Prices to Re-Examine Price Dispersion in Electronic Markets," Information Systems Research, INFORMS, vol. 22(2), pages 269-288, June.
- Greg Kaplan & Guido Menzio, 2015.
"The Morphology Of Price Dispersion,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56, pages 1165-1206, November.
- Greg Kaplan & Guido Menzio, 2014. "The Morphology of Price Dispersion," Working Papers 239, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Greg Kaplan & Guido Menzio, 2014. "The Morphology of Price Dispersion," PIER Working Paper Archive 14-002, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Greg Kaplan & Guido Menzio, 2014. "The Morphology of Price Dispersion," NBER Working Papers 19877, National Bureau of Economic Research, Inc.
- Jessie Handbury, 2021. "Are Poor Cities Cheap for Everyone? Non‐Homotheticity and the Cost of Living Across U.S. Cities," Econometrica, Econometric Society, vol. 89(6), pages 2679-2715, November.
- Stefano DellaVigna & Matthew Gentzkow, 2019.
"Uniform Pricing in U.S. Retail Chains,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 134(4), pages 2011-2084.
- Stefano DellaVigna & Matthew Gentzkow, 2017. "Uniform Pricing in US Retail Chains," NBER Working Papers 23996, National Bureau of Economic Research, Inc.
- Moraga-González, José Luis & Wildenbeest, Matthijs R., 2008.
"Maximum likelihood estimation of search costs,"
European Economic Review, Elsevier, vol. 52(5), pages 820-848, July.
- Jose Luis Moraga-Gonzalez & Matthijs R. Wildenbeest, 0000. "Maximum Likelihood Estimation of Search Costs," Tinbergen Institute Discussion Papers 06-019/1, Tinbergen Institute.
- Berardi Nicoletta, 2018. "Is price dispersion a concern for French consumers?," Rue de la Banque, Banque de France, issue 54, january.
- Han Hong & Matthew Shum, 2006. "Using price distributions to estimate search costs," RAND Journal of Economics, RAND Corporation, vol. 37(2), pages 257-275, June.
- Alan T. Sorensen, 2000. "Equilibrium Price Dispersion in Retail Markets for Prescription Drugs," Journal of Political Economy, University of Chicago Press, vol. 108(4), pages 833-862, August.
- Martin Eichenbaum & Nir Jaimovich & Sergio Rebelo, 2011. "Reference Prices, Costs, and Nominal Rigidities," American Economic Review, American Economic Association, vol. 101(1), pages 234-262, February.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Messner, Teresa & Rumler, Fabio & Strasser, Georg, 2022.
"Cross-country price and inflation dispersion: Retail network or national border,"
Single Market Economics Papers
WP2022/11, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (European Commission), Chief Economist Team.
- Messner, Teresa & Rumler, Fabio & Strasser, Georg, 2023. "Cross-country price and inflation dispersion: retail network or national border?," Working Paper Series 2776, European Central Bank.
- Byrne, David P. & Martin, Leslie A., 2021. "Consumer search and income inequality," International Journal of Industrial Organization, Elsevier, vol. 79(C).
- Alex Nikolsko‐Rzhevskyy & Oleksandr Talavera & Nam Vu, 2023.
"The flood that caused a drought,"
Economic Inquiry, Western Economic Association International, vol. 61(4), pages 965-981, October.
- Alex Nikolsko-Rzhevskyy & Oleksandr Talavera & Nam Vu, 2020. "The Flood that Caused a Drought," Discussion Papers 20-14, Department of Economics, University of Birmingham.
- Ray, Sourav & Snir, Avichai & Levy, Daniel, 2023.
"Retail Pricing Format and Rigidity of Regular Prices,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 1-1.
- Sourav Ray & Avichai Snir & Daniel Levy, 2023. "Retail pricing format and rigidity of regular prices," Economica, London School of Economics and Political Science, vol. 90(360), pages 1173-1203, October.
- Sourav Ray & Avichai Snir & Daniel Levy, 2021. "Retail Pricing Format and Rigidity of Regular Prices," Working Paper series 21-23, Rimini Centre for Economic Analysis.
- Sourav Ray & Avichai Snir & Daniel Levy, 2023. "Retail Pricing Format and Rigidity of Regular Prices," Working Paper series 23-10, Rimini Centre for Economic Analysis.
- Ray, Sourav & Snir, Avichai & Levy, Daniel, 2021. "Retail Pricing Format and Rigidity of Regular Prices," EconStor Preprints 246817, ZBW - Leibniz Information Centre for Economics.
- Ray, Sourav & Snir, Avichai & Levy, Daniel, 2021. "Retail Pricing Format and Rigidity of Regular Prices," MPRA Paper 110818, University Library of Munich, Germany.
- Sourav Ray & Avichai Snir & Daniel Levy, 2023. "Retail Pricing Format and Rigidity of Regular Prices," Papers 2306.17309, arXiv.org.
- Avichai Snir & Daniel Levy, 2023. "Retail Pricing Format and Rigidity of Regular Prices," Working Papers 2023-04, Bar-Ilan University, Department of Economics.
- Ray, Sourav & Snir, Avichai & Levy, Daniel, 2023. "Retail pricing format and rigidity of regular prices," MPRA Paper 117784, University Library of Munich, Germany, revised 29 Apr 2023.
- Daniel Levy & Avichai Snir & Sourav Ray, 2021. "Retail Pricing Format and Rigidity of Regular Prices," Working Papers 2021-02, Bar-Ilan University, Department of Economics.
- N. Berardi & P. Sevestre & J. Thébault, 2017.
"The Determinants of Consumer Price Dispersion: Evidence from French Supermarkets,"
Working papers
632, Banque de France.
- Nicoletta Berardi & Patrick Sevestre & Jonathan Thébault, 2017. "The Determinants of Consumer Price Dispersion: Evidence from French Supermarkets," Post-Print hal-01685367, HAL.
- Sheremirov, Viacheslav, 2020.
"Price dispersion and inflation: New facts and theoretical implications,"
Journal of Monetary Economics, Elsevier, vol. 114(C), pages 59-70.
- Viacheslav Sheremirov, 2015. "Price dispersion and inflation: new facts and theoretical implications," Working Papers 15-10, Federal Reserve Bank of Boston.
- Barbara Rudolf & Pascal Seiler, 2022.
"Price setting before and during the pandemic: evidence from Swiss consumer prices,"
Working Papers
2022-12, Swiss National Bank.
- Pascal Seiler & Barbara Rudolf, 2022. "Price Setting Before and During the Pandemic: Evidence from Swiss Consumer Prices," KOF Working papers 22-506, KOF Swiss Economic Institute, ETH Zurich.
- Rudolf, Barbara & Seiler, Pascal, 2022. "Price setting before and during the pandemic: evidence from Swiss consumer prices," Working Paper Series 2748, European Central Bank.
- Sofronis Clerides & Pascal Courty & Yupei Ma, 2023.
"Store expensiveness and consumer saving: Insights from a new decomposition of price dispersion,"
Quantitative Marketing and Economics (QME), Springer, vol. 21(1), pages 65-94, March.
- Sofronis Clerides & Pascal Courty & Yupei Ma, 2020. "Store expensiveness and consumer saving: Insights from a new decomposition of price dispersion," Working Paper series 20-08, Rimini Centre for Economic Analysis.
- Sofronis Clerides & Pascal Courty & Yupei Ma, 2020. "Store expensiveness and consumer saving: Insights from a new decomposition of price dispersion," University of Cyprus Working Papers in Economics 02-2020, University of Cyprus Department of Economics.
- Diego Aparicio & Zachary Metzman & Roberto Rigobon, 2024. "The pricing strategies of online grocery retailers," Quantitative Marketing and Economics (QME), Springer, vol. 22(1), pages 1-21, March.
- Yiquan Gu & Leonardo Madio & Carlo Reggiani, 2019.
"Exclusive Data, Price Manipulation and Market Leadership,"
CESifo Working Paper Series
7853, CESifo.
- Yiquan Gu & Leonardo Madio & Carlo Reggiani, 2021. "Exclusive Data, Price Manipulation and Market Leadership," Working Papers 202102, University of Liverpool, Department of Economics.
- Snir, Avichai & (Allan) Chen, Haipeng & Levy, Daniel, 2022.
"Zero-ending prices, cognitive convenience, and price rigidity,"
Journal of Economic Behavior & Organization, Elsevier, vol. 203(C), pages 519-542.
- Snir, Avichai & Chen, Haipeng (Allan) & Levy, Daniel, 2022. "Zero-Ending Prices, Cognitive Convenience, and Price Rigidity," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 203, pages 519-542.
- Daniel Levy & Avichai Snir, 2022. "Zero-Ending Prices, Cognitive Convenience, and Price Rigidity," Working Papers 2022-07, Bar-Ilan University, Department of Economics.
- Snir, Avichai & Chen, Haipeng (Allan) & Levy, Daniel, 2022. "Zero-Ending Prices, Cognitive Convenience, and Price Rigidity," MPRA Paper 114679, University Library of Munich, Germany.
- Avichai Snir & Haipeng (Allan) Chen & Daniel Levy, 2022. "Zero-Ending Prices, Cognitive Convenience, and Price Rigidity," Working Paper series 22-12, Rimini Centre for Economic Analysis.
- Avichai Snir & Haipeng Allan Chen & Daniel Levy, 2022. "Zero-Ending Prices, Cognitive Convenience, and Price Rigidity," Working Papers hal-03793887, HAL.
- Avichai Snir & Haipeng & Chen & Daniel Levy, 2022. "Zero-Ending Prices, Cognitive Convenience, and Price Rigidity," Papers 2210.00488, arXiv.org.
- Greg Kaplan & Guido Menzio, 2015.
"The Morphology Of Price Dispersion,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(4), pages 1165-1206, November.
- Greg Kaplan & Guido Menzio, 2014. "The Morphology of Price Dispersion," NBER Working Papers 19877, National Bureau of Economic Research, Inc.
- Greg Kaplan & Guido Menzio, 2014. "The Morphology of Price Dispersion," Working Papers 239, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Greg Kaplan & Guido Menzio, 2014. "The Morphology of Price Dispersion," PIER Working Paper Archive 14-002, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Luigi Paciello & Andrea Pozzi & Nicholas Trachter, 2019.
"Price Dynamics With Customer Markets,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(1), pages 413-446, February.
- Luigi Paciello & Andrea Pozzi & Nicholas Trachter, 2013. "Price Dynamics with Customer Markets," EIEF Working Papers Series 1328, Einaudi Institute for Economics and Finance (EIEF), revised Dec 2017.
- Paciello, Luigi & Pozzi, Andrea & Trachter, Nicholas, 2014. "Price Dynamics with Customer Markets," CEPR Discussion Papers 10220, C.E.P.R. Discussion Papers.
- Paciello, Luigi & Pozzi, Andrea & Trachter, Nicholas, 2017. "Price Dynamics with Customer Markets," CEPR Discussion Papers 11753, C.E.P.R. Discussion Papers.
- Luigi Paciello & Andrea Pozzi & Nicholas Trachter, 2014. "Price Dynamics with Customer Markets," Working Paper 14-17, Federal Reserve Bank of Richmond.
- Duch-Brown, Néstor & Grzybowski, Lukasz & Romahn, André & Verboven, Frank, 2021.
"Are online markets more integrated than traditional markets? Evidence from consumer electronics,"
Journal of International Economics, Elsevier, vol. 131(C).
- Verboven, Frank & Duch-Brown, Néstor & Romahn, André & Grzybowski, Lukasz, 2020. "Are Online Markets More Integrated than Traditional Markets? Evidence from Consumer Electronics," CEPR Discussion Papers 15031, C.E.P.R. Discussion Papers.
- Néstor Duch-Brown & Lukasz Grzybowski & André Romahn & Frank Verboven, 2021. "Are online markets more integrated than traditional markets? Evidence from consumer electronics," Post-Print hal-03235901, HAL.
- Nagengast, Arne J. & Bursian, Dirk & Menz, Jan-Oliver, 2021.
"Dynamic pricing and exchange rate pass-through: Evidence from transaction-level data,"
European Economic Review, Elsevier, vol. 133(C).
- Nagengast, Arne J. & Bursian, Dirk & Menz, Jan-Oliver, 2020. "Dynamic pricing and exchange rate pass-through: Evidence from transaction-level data," Discussion Papers 16/2020, Deutsche Bundesbank.
- Berardi Nicoletta, 2018. "Is price dispersion a concern for French consumers?," Rue de la Banque, Banque de France, issue 54, january.
- Hillen, Judith & Fedoseeva, Svetlana, 2021. "E-commerce and the end of price rigidity?," Journal of Business Research, Elsevier, vol. 125(C), pages 63-73.
- Brian Adams & Kevin R. Williams, 2019.
"Zone Pricing in Retail Oligopoly,"
American Economic Journal: Microeconomics, American Economic Association, vol. 11(1), pages 124-156, February.
- Brian Adams & Kevin R. Williams, 2017. "Zone Pricing in Retail Oligopoly," Cowles Foundation Discussion Papers 2079R2, Cowles Foundation for Research in Economics, Yale University, revised Dec 2017.
- Brian Adams & Kevin R. Williams, 2017. "Zone Pricing in Retail Oligopoly," Cowles Foundation Discussion Papers 2079, Cowles Foundation for Research in Economics, Yale University.
- Brian Adams & Kevin R. Williams, 2017. "Zone Pricing in Retail Oligopoly," Cowles Foundation Discussion Papers 2079R, Cowles Foundation for Research in Economics, Yale University, revised Apr 2017.
- Brian Adams, 2017. "Zone Pricing in Retail Oligopoly," Economic Working Papers 494, Bureau of Labor Statistics.
- Stéphane Dupraz, 2024.
"A Kinked‐Demand Theory of Price Rigidity,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(2-3), pages 325-363, March.
- Stephane Dupraz, 2017. "A Kinked-Demand Theory of Price Rigidity," 2017 Meeting Papers 387, Society for Economic Dynamics.
- S. Dupraz, 2017. "A Kinked-Demand Theory of Price Rigidity," Working papers 656, Banque de France.
- Alberto Cavallo, 2018.
"Scraped Data and Sticky Prices,"
The Review of Economics and Statistics, MIT Press, vol. 100(1), pages 105-119, March.
- Alberto Cavallo, 2015. "Scraped Data and Sticky Prices," NBER Working Papers 21490, National Bureau of Economic Research, Inc.
More about this item
Keywords
Price dispersion; Retail chain pricing; Multi-stage price setting;All these keywords.
JEL classification:
- D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jincot:v:23:y:2023:i:3:d:10.1007_s10842-023-00404-3. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.