The Price Dispersion of Consumer Products
نویسندگان
چکیده
منابع مشابه
Equilibrium Price Dispersion with Consumer Inventories
A model with two types of consumers, shoppers and captives, is constructed that leads to an equilibrium price dispersion. Shoppers may hold inventories of the good; the level of consumer inventories leads to state-dependent price dispersions. It is shown that prices and quantities display negative serial correlation. The model is tested using grocery store data, which display the predicted corr...
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This article is a study of the shape and structure of the distribution of prices at which an identical good is sold in a given market and time period. We find that the typical price distribution is symmetric and leptokurtic, with a standard deviation between 19% and 36%. Only 10% of the variance of prices is due to variation in the expensiveness of the stores at which a good is sold, whereas th...
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A working paper in the IN SEAD Working Paper Series is intended as a means whereby a fac ulty researcher's thoughts and findings ma y be communicated to interested readers. The paper should be considered preliminary in nature and may require revision. Printed a t INSEAD, Fontainebleau, France. Kindly do not reproduce or circulate without permission. We study the effect of anticipated regret on ...
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ژورنال
عنوان ژورنال: Journal of Economics and Public Finance
سال: 2021
ISSN: 2377-1046,2377-1038
DOI: 10.22158/jepf.v7n4p1