Competing with asking prices

Competing with Asking Prices

Competing with Asking Prices In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the seller receives no better offers. Despite their prevalence in a variety of ...

DIPLOMA THESIS Competing Prices: Analyzing a Stochastic Interacting Particle System

A Structural Model of Competing Sellers: Auctions and Posted Prices

In an original data set of goods listed for sale online, I observe that multiple selling mechanisms are popular with buyers and sellers in the compact disc market. I construct a model to explain how heterogeneous sellers choose between selling in an auction versus posting a …xed price. An important contribution of this work is that I model competing sellers instead of a monopolist. In doing so,...

Competing with Costco and Sam's Club: Warehouse Club Entry and Grocery Prices

Research shows that grocery stores reduce prices to compete with Walmart Supercenters. This study finds evidence that the competitive effects of two other big box retailers – Costco and Walmart-owned Sam's Club – are quite different. Using city-level panel grocery price data matched with a unique data set on Walmart and warehouse club locations, we find that Costco entry is associated with high...

Asking or not asking in Maltese, that is the question

This paper provides an overview of the form and function of questions in Maltese. An attempt to determine whether information-seeking questions differ from confirmationseeking ones is made. Map Task questions coded for function as QUERY-YN and CHECK/ALIGN, as well as QUERY-WH questions , are examined. The paper aims to establish whether choice of tune in Maltese is determined by function, or wh...