Follow the leader: price change timing in internet-based selling

Article Abstract:

Empirical regularities of price change timing for music CD vendors and booksellers is studied to assess several theoretical explanations of why internet tecnologies are not lessening information asymmetry in internet-based selling. It is found that Bertrand competition can not fully explain why sellers do not shift prices this way.

Behavior, Online businesses

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Thick markets, market competition and pricing dynamics: evidence from retailers

Article Abstract:

The repercussion of thick markets and the intensity of market competition on price markups and the synchronization in price adjustments are empirically tested using store-level transaction price data for books and CDs. Data reveals that market competition has a non-linear depressing effect on price markups for popular items.

Retail Trade, Analysis, Retail industry

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Product line extensions: causes and effects

Article Abstract:

Product line extensions are created in response to expansions in market demand and tend to depress profit margins. Data were collected from a sample of US manufacturing industries.

Marketing procedures, Management dynamics, Management, Manufacturing industry, Manufacturing industries, Economic aspects, Marketing, Company marketing practices, Company business management, Product lines

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