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A Theory of Retail Pricing

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Author Info
Bliss, Christopher

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Abstract

After surveying existing models of retailing, this paper concentrates on the idea that the shop saves its customers costs by assembling goods in one p lace. This introduces an essential nonconvexity and importantly affec ts the conditions under which shops compete with each other and the c onstraints on their price setting. Under the admittedly unrealistic a ssumption of full buyer information, a theory of retail pricing is de veloped. Copyright 1988 by Blackwell Publishing Ltd.

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Publisher Info
Article provided by Blackwell Publishing in its journal Journal of Industrial Economics.

Volume (Year): 36 (1988)
Issue (Month): 4 (June)
Pages: 375-91
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Handle: RePEc:bla:jindec:v:36:y:1988:i:4:p:375-91

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-1821

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  2. Li, Lan & Carman, Hoy F. & Sexton, Richard J., 2006. "Grocery Retailer Pricing Behavior for California Avocados with Implications for Industry Promotion Strategies," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25494, International Association of Agricultural Economists. [Downloadable!]
  3. Howard Smith & Simon Latcovich, 2000. "Sinking the Internet: Pricing, Sunk Costs, and Market Structure Online," Economics Series Working Papers 036, University of Oxford, Department of Economics. [Downloadable!]
  4. Roger Betancourt & Margaret Malanoski, 1999. "An Estimable Model of Supermarket Behavior: Prices, Distribution Services and Some Effects of Competition," Empirica, Springer, vol. 26(1), pages 55-73, March. [Downloadable!] (restricted)
  5. Leonard I. Nakamura, 1998. "Measurement of retail output and the retail revolution," Working Papers 98-5, Federal Reserve Bank of Philadelphia. [Downloadable!]
  6. Emek Basker & Shawn Klimek & Pham Hoang Van, 2008. "Supersize It: The Growth of Retail Chains and the Rise of the "Big Box" Retail Format," Working Papers 0809, Department of Economics, University of Missouri. [Downloadable!]
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  9. Vanessa von Schlippenbach, 2008. "Complementarities, Below-Cost Pricing, and Welfare Losses," Discussion Papers of DIW Berlin 788, DIW Berlin, German Institute for Economic Research. [Downloadable!]
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  11. Ellickson, Paul & Misra, Sanjog, 2006. "Supermarket Pricing Strategies," Working Papers 06-02, Duke University, Department of Economics. [Downloadable!]
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  13. Marie-Laure Allain & Claire Chambolle, 2007. "Loss leaders banning laws as vertical restraints," Post-Print hal-00242935_v1, HAL. [Downloadable!]
  14. Leonard I. Nakamura, 1998. "The retail revolution and food-price mismeasurement," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 3-14. [Downloadable!]
  15. Binkley, James K. & Connor, John M., 1996. "Market Competition And Metropolitan-Area Grocery Prices," Working Papers 25988, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance. [Downloadable!]
  16. Li, Lan & Carman, Hoy F. & Sexton, Richard J., 2005. "Grocery Retailer Pricing Behavior for California Avocados with Implications for Industry Promotion Strategies," 2005 Annual meeting, July 24-27, Providence, RI 19498, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  17. Patrick Paul Walsh & Ciara Whelan, 1999. "A Rationale for Repealing the 1987 Groceries Order," The Economic and Social Review, Economic and Social Studies, vol. 30(1), pages 71-90. [Downloadable!]
  18. Richards, Timothy & Patterson, Paul M., 2002. "Causes Of Retail Price Fixity: An Empirical Analysis," 2002 Annual meeting, July 28-31, Long Beach, CA 19841, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  19. Daniel Hosken & David Reiffen, 2004. "How Retailers Determine Which Products Should Go on Sale: Evidence From Store-Level Data," Journal of Consumer Policy, Springer, vol. 27(2), pages 141-177, June. [Downloadable!] (restricted)
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