An Empirical Study of National vs. Local Pricing by Chain Stores under Competition

Geographic price discrimination is generally considered beneficial to firm profitability. However, theoretical results point to conditions under which firms might prefer to price across markets uni...

[1]  Bart J. Bronnenberg.  Brand competition in CPG industries: Sustaining large local advantages with little product differentiation , 2006 .

[2]  R. Pitofsky.  New Definitions of Relevant Market and the Assault on Antitrust , 1990 .

[3]  David Besanko,et al.  Logit Demand Estimation Under Competitive Pricing Behavior: An Equilibrium Framework , 1998 .

[4]  Günter J. Hitsch,et al.  Prices and promotions in U.S. retail markets , 2019, Quantitative Marketing and Economics.

[5]  Ruth N. Bolton,et al.  An Empirical Analysis of Determinants of Retailer Pricing Strategy , 2004 .

[6]  P. Davis.  Spatial competition in retail markets: movie theaters , 2006 .

[7]  Marc Rysman,et al.  Unobserved Product Differentiation in Discrete Choice Models: Estimating Price Elasticities and Welfare Effects , 2002 .

[8]  Inseong Song,et al.  A Micromodel of New Product Adoption with Heterogeneous and Forward-Looking Consumers: Application to the Digital Camera Category , 2003 .

[9]  Paul W. Dobson,et al.  Chain‐Store Pricing Across Local Markets , 2005 .

[10]  Florian Zettelmeyer,et al.  Expanding to the Internet: Pricing and Communications Strategies When Firms Compete on Multiple Channels , 2000 .

[11]  Ram C. Rao,et al.  Supermarket Competition: The Case of Every Day Low Pricing , 1997 .

[12]  Sanjog Misra,et al.  Supermarket Pricing Strategies , 2008, Mark. Sci..

[13]  Minjae Song,et al.  Measuring consumerwelfareinthe CPU market: anapplication of the pure‐characteristics demand model , 2007 .

[14]  Pradeep K. Chintagunta,et al.  Balancing Profitability and Customer Welfare in a Supermarket Chain , 2003 .

[15]  Joseph Farrell,et al.  Critical Loss: Let’s Tell the Whole Story , 2003 .

[16]  A. Cavallo,et al.  Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers , 2016 .

[17]  Andrea Shepard.  Price Discrimination and Retail Configuration , 1991, Journal of Political Economy.

[18]  Peter E. Rossi,et al.  Determinants of Store-Level Price Elasticity , 1995 .

[19]  Z. John Zhang,et al.  Competitive Coupon Targeting , 1995 .

[20]  V. Rao.  Pricing Research in Marketing: The State of the Art , 1984 .

[21]  Jeremy T. Fox,et al.  Improving the Numerical Performance of BLP Static and Dynamic Discrete Choice Random Coefficients Demand Estimation , 2009 .

[22]  Carl F. Mela,et al.  The Role of Spatial Demand on Outlet Location and Pricing , 2006 .

[23]  Steven T. Berry.  Estimating Discrete-Choice Models of Product Differentiation , 1994 .

[24]  Che-Lin Su,et al.  Constrained Optimization Approaches to Estimation of Structural Models , 2011 .

[25]  Brett R. Gordon.  A Dynamic Model of Consumer Replacement Cycles in the PC Processor Industry , 2009, Mark. Sci..

[26]  Z. John Zhang,et al.  Individual Marketing with Imperfect Targetability , 2000 .

[27]  Rabikar Chatterjee,et al.  Analytical Models of Competition with Implications for Marketing: Issues, Findings, and Outlook , 1985 .

[28]  Marc Rysman,et al.  Dynamics of Consumer Demand for New Durable Goods , 2007 .

[29]  Why are Prices Falling Fast ? An Empirical Study of the US Digital Camera Market , 2006 .

[30]  J. Louviere,et al.  The Role of the Scale Parameter in the Estimation and Comparison of Multinomial Logit Models , 1993 .

[31]  Steven T. Berry,et al.  Automobile Prices in Market Equilibrium , 1995 .

[32]  Amil Petrin.  Quantifying the Benefits of New Products: The Case of the Minivan , 2001, Journal of Political Economy.

[33]  X. Vives,et al.  On the Strategic Choice of Spatial Price Policy , 1998 .

[34]  Kevin R. Williams,et al.  Zone Pricing in Retail Oligopoly , 2017, American Economic Journal: Microeconomics.

[35]  Yang Li,et al.  A Bayesian Semiparametric Approach for Endogeneity and Heterogeneity in Choice Models , 2014, Manag. Sci..

[36]  Maria Ana Vitorino.  Empirical Entry Games with Complementarities: An Application to the Shopping Center Industry , 2011 .

[37]  K. Corts,et al.  Third-Degree Price Discrimination in Oligopoly: All-Out Competition and Strategic Commitment , 1998 .