Using Mexican data, this article analyzes the impact of the workers’ remittances on the cross-section distribution of prices as well as on the evolution of individual relative prices over time for 272 consumer items. The results suggest that there are important differences in the responses of relative prices to remittances according to various categories of these items. While the relative price...

O important decision firms must make is to select the product line (characteristics and number of products) to offer consumers. This paper explores the effect of the interaction between consumer evaluation costs and pricing on the optimal product line length to offer consumers. Before deciding to buy a product among all products offered, a consumer learns the product line length. Given the prod...

Bu çalışmada ÜFE ve TÜFE arasında nedensellik eşbütünleşme ilişki 2005-2021 yılları aylık veriler kullanarak Türkiye özelinde incelenmiştir. amaçla ARDL sınır testi, Granger testi Toda-Yamamoto yöntemleri kullanılmıştır. Analiz sonuçlarına göre, oldukça güçlü bir ilişkisi vardır seriler birlikte hareket etmektedir. Öyle ki, uzun dönemde ÜFE’de meydana gelen %1’lik artışın TÜFE’de yaklaşık %1.1 ...

factors influencing price fairness and its impact on consumer behavior is one of the most important topics in pricing which can have significant impact on consumers in their attitude toward the organization. in this paper, the impact of price fairness on loyalty, willingness to pay and complain and revenge intention of customers in internet access services industry has been tested. the data hav...

This paper specifies and estimates a dynamic model of consumer preferences for new durable goods with persistent heterogeneous consumer tastes, rational expectations about future products and repeat purchases over time. Most new consumer durable goods, particularly consumer electronics, are characterized by relatively high initial prices followed by rapid declines in prices and improvements in ...

Milk pricing in California is often controversial. Consumer advocates and their organizations periodically charge that retail milk prices are “unfair” or “too high” and call for public intervention in the fluid-milk market. The consumer view is expressed by Consumers Union, which after conducting surveys of retail milk prices in Los Angeles and San Francisco area food stores, charged that large...

in recent years, the issue of energy consumption modeling techniques in the building sector has been widely considered by researchers and managers. researches indicate that energy consumption in residential sector is one of the main parts of the total consumption. moreover, the urban residence is supposed as a significant consumer of energy in every country and therefore a focus for energy cons...

We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert’s provision and charging decisions. We argue that the expert’s promise induces a commitment that triggers guilt if the promise is broken, and guilt is exacerbated ...

 Overall, taking account of both coverage and formula effect differences and within the limitations of how price data is collected within the UK, the Retail Prices Index (RPI) is as good a consumer price index as one can get for uprating purposes. The systemic difference between the RPI and the Consumer Prices Index (CPI), currently (2015) running at 1.0 percentage points per annum, results pr...