What Price Dependency
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What Price Dependency
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Author : District of Columbia Health and Welfare Council. Junior Village Committee
language : en
Publisher:
Release Date : 1959
What Price Dependency written by District of Columbia Health and Welfare Council. Junior Village Committee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1959 with Charities categories.
What Price Dependency
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Author :
language : en
Publisher:
Release Date : 1959
What Price Dependency written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1959 with categories.
What Price Dependency
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Author : District of Columbia Health and Welfare Council Junior Village Comittee
language : en
Publisher:
Release Date : 1959
What Price Dependency written by District of Columbia Health and Welfare Council Junior Village Comittee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1959 with categories.
Price Dependency And Spillover Effects In Global Crude Oil Markets
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Author : Han Zhang
language : en
Publisher:
Release Date : 2017
Price Dependency And Spillover Effects In Global Crude Oil Markets written by Han Zhang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
Time Dependency In Producers Price Adjustments
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Author : Øivind Anti Nilsen
language : en
Publisher:
Release Date : 2018
Time Dependency In Producers Price Adjustments written by Øivind Anti Nilsen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
Existing micro evidence of firms' price changes tends to show a downward sloping hazard rate - the longer the price of a product has remained the same, the less likely it is that the price will change. Using a panel of Norwegian plant- and product-specific prices, we also find a downward sloping hazard when applying a Kaplan-Meier model. After having controlled for both observed and unobserved characteristics, we find flat hazards with spikes in the first and twelfth months. This suggests time-dependent price-setting by at least some of the producers. The spike after 12 months might be explained by seasonal demand effects, but also by the pricing season effect related to information acquisition and processing, negotiation and signing of price contracts. The revealed price adjustment pattern is at odds with the predictions of the Calvo model, a central element in many dynamic stochastic general equilibrium models, as this assumes constant frequencies of price adjustments over time. Our empirical findings instead point to a modified Calvo model where firms in some periods experience lower menu costs. Finally, the empirical findings may have implications for the effectiveness of monetary policy interventions.
State Dependency In Price Adjustments
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Author : Elif Feyza Özcan Kodaz
language : en
Publisher:
Release Date : 2023
State Dependency In Price Adjustments written by Elif Feyza Özcan Kodaz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
Demand Based Pricing Versus Past Price Dependence
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Author : Shuba Srinivasan
language : en
Publisher:
Release Date : 2008
Demand Based Pricing Versus Past Price Dependence written by Shuba Srinivasan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
The authors develop a conceptual framework of the factors that motivate a retailer's decision to rely on demand conditions and past prices in setting current and future prices. Specifically, they examine the circumstances under which retailers choose demand-based pricing versus past-price dependence for different brands and categories. Given scarce resources and costs of price adjustments, demand-based pricing is more likely when the customerdriven and firm-driven costs of adjusting pricing patterns are low or when the benefits of such adjustments are high. First, the customer-driven benefits of demand-based pricing are expected to be greater in categories with higher penetration and for brands with higher market share and higher demand sensitivity to price. Second, the firm-driven benefits are greater for categories with higher private-label share. Finally, the customer-driven costs are greater for expensive categories, whereas the firm-driven costs are greater for categories with many stockkeeping units. The empirical findings support the conceptual framework, implying that customer-driven and firm-driven benefits are the main stimulants in the retailer's choice of demand-based pricing. In contrast, customer-driven and firm-driven costs significantly hinder retailer implementation of demand-based pricing. These insights enable retailers to identify problem areas and opportunities to improve the allocation of scarce pricing resources. The results also contribute to the ongoing debate in economics and marketing on the rationality of observed past-price dependence. Whereas previous research points to the negative impact on gross margins of this practice, the authors find that retailers weigh the costs and benefits of demand-based pricing rather than adhere to past-pricing patterns.
Dynamic Pricing With Reference Price Dependence
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Author : Régis Chenavaz
language : en
Publisher:
Release Date : 2016
Dynamic Pricing With Reference Price Dependence written by Régis Chenavaz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Variation In Price Dependency Measures On The London Metal Exchange
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Author : Peter J. W. N. Bird
language : en
Publisher:
Release Date : 1984
Variation In Price Dependency Measures On The London Metal Exchange written by Peter J. W. N. Bird and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Metals categories.
The Asiatic Journal And Monthly Register For British India And Its Dependencies
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Author :
language : en
Publisher:
Release Date : 1836
The Asiatic Journal And Monthly Register For British India And Its Dependencies written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1836 with Asia categories.