|
| << previous | next >> |
Journal description
All volumes of the corresponding journal
All issues of the corresponding volume
All articles of the corresponding issues
Details for article 9 of 41 found articles
| Title: |
Competition and Oligopoly: A Case of UK Grocery Retailing |
| Author: |
Kevin A. Lawler Chih-Cheng Yang |
| Appeared in: |
Managing global transitions |
| Paging: | Volume 1 (2003) nr. 2 pages 117-133 |
| Year: |
2003 |
| Contents: |
In this paper we develop a model of Bertrand price competition with uncertainty as to the number of bidders. The auction models predict retail price dispersion as an observable feature of price discrimination. The implications of the auction models are tested using a logit model on primary data. Some simulations of the logit model further enrich and capture critical states of chain-store rivalry. The findings show that consumer characteristics define type of store choice and that an auction model of price competition with uncertainty is an appropriate way to model retail grocery competition. |
| Publisher: |
University of Primorska (provided by DOAJ) |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 9 of 41 found articles
| << previous | next >> |