Convenience pricing in online retailing: Evidence from Amazon.com
Author
Abstract
Suggested Citation
DOI: 10.1016/j.econmod.2017.10.016
Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-01683838
Download full text from publisher
To our knowledge, this item is not available for download. To find whether it is available, there are three options:1. Check below whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Other versions of this item:
- Chenavaz, Régis & Drouard, Joeffrey & Escobar, Octavio R. & Karoubi, Bruno, 2018. "Convenience pricing in online retailing: Evidence from Amazon.com," Economic Modelling, Elsevier, vol. 70(C), pages 127-139.
References listed on IDEAS
- Anil K Kashyap, 1995.
"Sticky Prices: New Evidence from Retail Catalogs,"
The Quarterly Journal of Economics, Oxford University Press, vol. 110(1), pages 245-274.
- Anil K. Kashyap, 1990. "Sticky prices: new evidence from retail catalogs," Finance and Economics Discussion Series 112, Board of Governors of the Federal Reserve System (U.S.).
- Anil K. Kashyap, 1994. "Sticky Prices: New Evidence from Retail Catalogs," NBER Working Papers 4855, National Bureau of Economic Research, Inc.
- Anil K. Kashyap, 1991. "Sticky prices: new evidence from retail catalogs," Working Paper Series, Macroeconomic Issues 91-26, Federal Reserve Bank of Chicago.
- Levy, Daniel & Lee, Dongwon & Chen, Haipeng (Allan) & Kauffman, Robert J. & Bergen, Mark, 2011.
"Price Points and Price Rigidity,"
EconStor Open Access Articles, ZBW - Leibniz Information Centre for Economics, pages 1417-1431.
- Daniel Levy & Dongwon Lee & Haipeng (Allan) Chen & Robert J. Kauffman & Mark Bergen, 2011. "Price Points and Price Rigidity," The Review of Economics and Statistics, MIT Press, vol. 93(4), pages 1417-1431, November.
- Daniel Levy & Dongwon Lee & Haipeng Allan Chen & Robert J. Kauffman & Mark Bergen, 2007. "Price Points and Price Rigidity," Working Paper series 04_07, Rimini Centre for Economic Analysis.
- Daniel Levy & Dongwon Lee & Haipeng (Allan) Chen & Robert J. Kauffman & Mark Bergen, 2010. "Price Points and Price Rigidity," Working Papers 2010-21, Bar-Ilan University, Department of Economics.
- Daniel Levy & Dongwon Lee & Haipeng Allan Chen & Robert Kauffman & Mark Bergen, 2011. "Price Points and Price Rigidity," Post-Print hal-02387737, HAL.
- Levy, Daniel & Lee, Dongwon & Chen, Haipeng (Allan) & Kauffman, Robert & Bergen, Mark, 2007. "Price Points and Price Rigidity," MPRA Paper 1472, University Library of Munich, Germany.
- Cramer, J. S., 1983. "Currency by denomination," Economics Letters, Elsevier, vol. 12(3-4), pages 299-303.
- Knotek II, Edward S., 2008.
"Convenient prices, currency, and nominal rigidity: Theory with evidence from newspaper prices,"
Journal of Monetary Economics, Elsevier, vol. 55(7), pages 1303-1316, October.
- Edward S. Knotek, 2005. "Convenient prices, currency, and nominal rigidity : theory with evidence from newspaper prices," Research Working Paper RWP 05-11, Federal Reserve Bank of Kansas City.
- Bartosz Mackowiak & Mirko Wiederholt, 2019.
"Optimal Sticky Prices Under Rational Inattention,"
Credit and Capital Markets, Credit and Capital Markets, vol. 52(4), pages 573-617.
- Bartosz Mackowiak & Mirko Wiederholt, 2009. "Optimal Sticky Prices under Rational Inattention," American Economic Review, American Economic Association, vol. 99(3), pages 769-803, June.
- Bartosz Mackowiak & Mirko Wiederholt, 2004. "Optimal Sticky Prices under Rational Inattention," SFB 649 Discussion Papers SFB649DP2005-040, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany, revised Jul 2005.
- Maćkowiak, Bartosz & Wiederholt, Mirko, 2009. "Optimal sticky prices under rational inattention," Working Paper Series 1009, European Central Bank.
- Mirko Wiederholt & Bartosz Mackowiak, 2005. "Optimal Sticky Prices under Rational Inattention," 2005 Meeting Papers 369, Society for Economic Dynamics.
- Mackowiak, Bartosz Adam & Wiederholt, Mirko, 2007. "Optimal Sticky Prices under Rational Inattention," CEPR Discussion Papers 6243, C.E.P.R. Discussion Papers.
- Aucremanne, L. & Cornille, D., 2001. "Attractive Prices and Euro-Rounding Effects on Inflation," Papers 17, Warwick - Development Economics Research Centre.
- Edward S. Knotek, 2011.
"Convenient Prices and Price Rigidity: Cross-Sectional Evidence,"
The Review of Economics and Statistics, MIT Press, vol. 93(3), pages 1076-1086, August.
- Edward S. Knotek, 2008. "Convenient prices and price rigidity: cross-sectional evidence," Research Working Paper RWP 08-04, Federal Reserve Bank of Kansas City.
- Kleinsasser, Sabine & Wagner, Udo, 2011. "Price endings and tourism consumers’ price perceptions," Journal of Retailing and Consumer Services, Elsevier, vol. 18(1), pages 58-63.
- Kenneth C. Manning & David E. Sprott, 2009. "Price Endings, Left-Digit Effects, and Choice," Journal of Consumer Research, Oxford University Press, vol. 36(2), pages 328-335.
- Bambauer-Sachse, Silke & Grewal, Dhruv, 2011. "Temporal Reframing of Prices: When Is It Beneficial?," Journal of Retailing, Elsevier, vol. 87(2), pages 156-165.
- Bouhdaoui, Y. & Bounie, D. & François, A., 2014.
"Convenient prices, cash payments and price rigidity,"
Economic Modelling, Elsevier, vol. 41(C), pages 329-337.
- Yassine Bouhdaoui & David Bounie & Abel François, 2014. "Convenient Prices, Cash Payments and Price Rigidity," Post-Print hal-02286878, HAL.
- Luc Aucremann & David Cornille, 2001. "Attractive prices and euro-rounding effects on inflation," Working Paper Document 17, National Bank of Belgium.
- Bruno Karoubi & R駩s Chenavaz, 2015.
"Prices for cash and cash for prices? Theory and evidence on convenient pricing,"
Applied Economics, Taylor & Francis Journals, vol. 47(38), pages 4102-4115, August.
- Bruno Karoubi & Régis Chenavaz, 2015. "Prices for cash and cash for prices? Theory and evidence on convenient pricing," Post-Print hal-01457328, HAL.
- Matthew S. Lewis, 2015. "Odd Prices at Retail Gasoline Stations: Focal Point Pricing and Tacit Collusion," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 24(3), pages 664-685, September.
- Sims, Christopher A., 2003. "Implications of rational inattention," Journal of Monetary Economics, Elsevier, vol. 50(3), pages 665-690, April.
- Franses, Philip Hans & Kippers, Jeanine, 2007.
"An empirical analysis of euro cash payments,"
European Economic Review, Elsevier, vol. 51(8), pages 1985-1997, November.
- Kippers, J. & Franses, Ph.H.B.F., 2003. "An empirical analysis of euro cash payments," Econometric Institute Research Papers EI 2003-25, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
- Sims, Christopher A., 2010. "Rational Inattention and Monetary Economics," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 4, pages 155-181, Elsevier.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Bruno Karoubi & R駩s Chenavaz, 2015.
"Prices for cash and cash for prices? Theory and evidence on convenient pricing,"
Applied Economics, Taylor & Francis Journals, vol. 47(38), pages 4102-4115, August.
- Bruno Karoubi & Régis Chenavaz, 2015. "Prices for cash and cash for prices? Theory and evidence on convenient pricing," Post-Print hal-01457328, HAL.
- Bouhdaoui, Y. & Bounie, D. & François, A., 2014.
"Convenient prices, cash payments and price rigidity,"
Economic Modelling, Elsevier, vol. 41(C), pages 329-337.
- Yassine Bouhdaoui & David Bounie & Abel François, 2014. "Convenient Prices, Cash Payments and Price Rigidity," Post-Print hal-02286878, HAL.
- Bouhdaoui, Yassine & Van Hove, Leo, 2017. "On the socially optimal density of coin and banknote series: Do production costs really matter?," Journal of Macroeconomics, Elsevier, vol. 52(C), pages 252-267.
- Etienne Gagnon & David López-Salido & Nicolas Vincent, 2013.
"Individual Price Adjustment along the Extensive Margin,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 27(1), pages 235-281.
- Etienne Gagnon & David López-Salido & Nicolas Vincent, 2012. "Individual Price Adjustment along the Extensive Margin," NBER Chapters, in: NBER Macroeconomics Annual 2012, Volume 27, pages 235-281, National Bureau of Economic Research, Inc.
- Etienne Gagnon & David López-Salido & Nicolas Vincent, 2012. "Individual Price Adjustment along the Extensive Margin," NBER Working Papers 18213, National Bureau of Economic Research, Inc.
- , 2012. "Individual price adjustment along the extensive margin," International Finance Discussion Papers 1052, Board of Governors of the Federal Reserve System (U.S.).
- Gagnon, Etienne & López-Salido, J David & Vincent, Nicolas, 2012. "Individual Price Adjustment along the Extensive Margin," CEPR Discussion Papers 9143, C.E.P.R. Discussion Papers.
- Snir, Avichai & Levy, Daniel, 2021.
"If You Think 9-Ending Prices Are Low, Think Again,"
EconStor Open Access Articles, ZBW - Leibniz Information Centre for Economics.
- Snir, Avichai & Levy, Daniel, 2019. "If You Think 9-Ending Prices Are Low, Think Again," MPRA Paper 96614, University Library of Munich, Germany.
- Snir, Avichai & Levy, Daniel, 2019. "If You Think 9-Ending Prices Are Low, Think Again," MPRA Paper 94469, University Library of Munich, Germany.
- Avichai Snir & Daniel Levy, 2019. "If You Think 9-Ending Prices Are Low, Think Again," Working Paper series 19-14, Rimini Centre for Economic Analysis.
- Snir, Avichai & Levy, Daniel, 2019. "If You Think 9-Ending Prices Are Low, Think Again," EconStor Preprints 198044, ZBW - Leibniz Information Centre for Economics.
- Daniel Levy & Avichai Snir, 2019. "If You Think 9-Ending Prices Are Low, Think Again," Working Papers 2019-06, Bar-Ilan University, Department of Economics.
- Daniel Levy & Avichai Snir, 2019. "If You Think 9-Ending Prices Are Low,Think Again," Working Papers 006-19 JEL Codes: M30, M3, International School of Economics at TSU, Tbilisi, Republic of Georgia.
- Hahn, Volker & Marenčák, Michal, 2020.
"Price points and price dynamics,"
Journal of Monetary Economics, Elsevier, vol. 115(C), pages 127-144.
- Volker Hahn & Michal Marencak, 2018. "Price Points and Price Dynamics," Working Paper Series of the Department of Economics, University of Konstanz 2018-01, Department of Economics, University of Konstanz.
- Hahn, Volker & Marencak, Michal, 2018. "Price Points and Price Dynamics," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181516, Verein für Socialpolitik / German Economic Association.
- Edward S. Knotek, 2010.
"The roles of price points and menu costs in price rigidity,"
Research Working Paper
RWP 10-18, Federal Reserve Bank of Kansas City.
- Edward Knotek II, 2016. "The Roles of Price Points and Menu Costs in Price Rigidity," 2016 Meeting Papers 1563, Society for Economic Dynamics.
- Edward S. Knotek, 2019. "The Roles of Price Points and Menu Costs in Price Rigidity," Working Papers 201923, Federal Reserve Bank of Cleveland.
- Daniel Levy & Dongwon Lee & Haipeng (Allan) Chen & Robert J. Kauffman & Mark Bergen, 2011.
"Price Points and Price Rigidity,"
The Review of Economics and Statistics, MIT Press, vol. 93(4), pages 1417-1431, November.
- Levy, Daniel & Lee, Dongwon & Chen, Haipeng (Allan) & Kauffman, Robert J. & Bergen, Mark, 2011. "Price Points and Price Rigidity," EconStor Open Access Articles, ZBW - Leibniz Information Centre for Economics, pages 1417-1431.
- Levy, Daniel & Lee, Dongwon & Chen, Haipeng (Allan) & Kauffman, Robert & Bergen, Mark, 2007. "Price Points and Price Rigidity," MPRA Paper 1472, University Library of Munich, Germany.
- Daniel Levy & Dongwon Lee & Haipeng Allan Chen & Robert J. Kauffman & Mark Bergen, 2007. "Price Points and Price Rigidity," Working Paper series 04_07, Rimini Centre for Economic Analysis.
- Daniel Levy & Dongwon Lee & Haipeng (Allan) Chen & Robert J. Kauffman & Mark Bergen, 2010. "Price Points and Price Rigidity," Working Papers 2010-21, Bar-Ilan University, Department of Economics.
- Daniel Levy & Dongwon Lee & Haipeng Allan Chen & Robert Kauffman & Mark Bergen, 2011. "Price Points and Price Rigidity," Post-Print hal-02387737, HAL.
- Arango-Arango, Carlos A. & Bouhdaoui, Yassine & Bounie, David & Eschelbach, Martina & Hernandez, Lola, 2018.
"Cash remains top-of-wallet! International evidence from payment diaries,"
Economic Modelling, Elsevier, vol. 69(C), pages 38-48.
- Carlos Arango-Arango & Yassine Bouhdaoui & David Bounie & Martina Eschelbach & Lola Hernandez, 2018. "Cash remains top-of-wallet! International evidence from payment diaries," Post-Print hal-02049849, HAL.
- Shy, Oz, 2020. "How currency denomination and the ATM affect the way we pay," Journal of Economics and Business, Elsevier, vol. 111(C).
- Emmanuel Dhyne & Jerzy Konieczny & Fabio Rumler & Patrick Sevestre, 2009. "Price rigidity in the euro area - An assessment," European Economy - Economic Papers 2008 - 2015 380, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Oleksandr Talavera & Nam Vu, 2020. "Inventory Shock and Price-Setting," Discussion Papers 20-14, Department of Economics, University of Birmingham.
- Ater, Itai & Gerlitz, Omri, 2017. "Round prices and price rigidity: Evidence from outlawing odd prices," Journal of Economic Behavior & Organization, Elsevier, vol. 144(C), pages 188-203.
- Johannes Johnen, 2019.
"Automatic‐renewal contracts with heterogeneous consumer inertia,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(4), pages 765-786, November.
- Johannes Johnen, 2019. "Automatic-renewal contracts with heterogeneous consumer inertia," LIDAM Reprints CORE 3017, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Luo, Yulei & Young, Eric R., 2016.
"Induced uncertainty, market price of risk, and the dynamics of consumption and wealth,"
Journal of Economic Theory, Elsevier, vol. 163(C), pages 1-41.
- Luo, Yulei & Young, Eric, 2014. "Induced Uncertainty, Market Price of Risk, and the Dynamics of Consumption and Wealth," MPRA Paper 57111, University Library of Munich, Germany.
- Levy, Daniel & Snir, Avichai & Gotler, Alex & Chen, Haipeng (Allan), 2020.
"Not all price endings are created equal: Price points and asymmetric price rigidity,"
EconStor Open Access Articles, ZBW - Leibniz Information Centre for Economics.
- Levy, Daniel & Snir, Avichai & Gotler, Alex & Chen, Haipeng (Allan), 2020. "Not all price endings are created equal: Price points and asymmetric price rigidity," Journal of Monetary Economics, Elsevier, vol. 110(C), pages 33-49.
- Avichai Snir & Daniel Levy & Alex Gotler & Haipeng (Allan) Chen, 2012. "Not All Price Endings Are Created Equal: Price Points and Asymmetric Price Rigidity," Working Paper series 69_12, Rimini Centre for Economic Analysis.
- Levy, Daniel & Snir, Avichai & Gotler, Alex & Chen, Haipeng (Allan), 2019. "Not all price endings are created equal: Price points and asymmetric price rigidity," MPRA Paper 91360, University Library of Munich, Germany.
- Daniel Levy & Avichai Snir & Alex Gotler & Haipeng (Allan) Chen, 2019. "Not all price endings are created equal: Price points and asymmetric price rigidity," Working Papers 001-19 JEL Codes: E31, L1, International School of Economics at TSU, Tbilisi, Republic of Georgia.
- Daniel Levy, 2019. "Not All Price Endings Are Created Equal: Price Points and Asymmetric Price Rigidity," Working Papers 2019-01, Bar-Ilan University, Department of Economics.
- Daniel Levy & Avichai Snir & Alex Gotler & Haipeng (Allan) Chen, 2019. "Not all price endings are created equal: Price points and asymmetric price rigidity," Working Paper series 19-02, Rimini Centre for Economic Analysis.
- Snir, Avichai & Levy, Daniel & Gotler, Alex & Chen, Haipeng (Allan), 2012. "Not All Price Endings Are Created Equal: Price Points and Asymmetric Price Rigidity," MPRA Paper 42252, University Library of Munich, Germany.
- Snir, Avichai & Levy, Daniel & Gotler, Alex & Chen, Haipeng (Allan), 2014. "Not All Price Endings Are Created Equal: Price Points and Asymmetric Price Rigidity," EconStor Preprints 104540, ZBW - Leibniz Information Centre for Economics.
- Chad Fulton, 2017. "Mechanics of Linear Quadratic Gaussian Rational Inattention Tracking Problems," Finance and Economics Discussion Series 2017-109, Board of Governors of the Federal Reserve System (U.S.).
- George-Marios Angeletos, 2018.
"Frictional Coordination,"
Journal of the European Economic Association, European Economic Association, vol. 16(3), pages 563-603.
- George-Marios Angeletos, 2017. "Frictional Coordination," NBER Working Papers 24178, National Bureau of Economic Research, Inc.
- Maćkowiak, Bartosz & Matějka, Filip & Wiederholt, Mirko, 2018. "Dynamic rational inattention: Analytical results," Journal of Economic Theory, Elsevier, vol. 176(C), pages 650-692.
- Li, Wei & Luo, Yulei & Nie, Jun, 2017.
"Elastic attention, risk sharing, and international comovements,"
Journal of Economic Dynamics and Control, Elsevier, vol. 79(C), pages 1-20.
- Wei Li & Yulei Luo & Jun Nie, 2015. "Elastic attention, risk sharing, and international comovements," Research Working Paper RWP 15-16, Federal Reserve Bank of Kansas City.
More about this item
Keywords
Convenient prices Price rigidity Rational inattention Amazon.com Online retailing;JEL classification:
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
- D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
- M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-01683838. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD). General contact details of provider: https://hal.archives-ouvertes.fr/ .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.