✦ LIBER ✦

A sociological view of costs of price adjustment: contributions from grounded theory methods

✍ Scribed by Mark J. Zbaracki

Publisher: John Wiley and Sons
Year: 2007
Tongue: English
Weight: 174 KB
Volume: 28
Category: Article
ISSN: 0143-6570
DOI: 10.1002/mde.1330

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

Economic theory and data sometimes pose problems that cannot be addressed with existing econometric methods. For example, theories of price adjustment costs rely on variables that cannot or have not been observed. In principle, such costs can be measured, but there is little reason to expect they can be measured with existing econometric methods. I argue that the grounded theory methods developed by sociologists can be used to demonstrate the validity of price adjustment costs and to address deeper questions about how firms adjust prices. Properly matched to economic problems, grounded theory may help economists to develop better theory and better test existing theory. Copyright © 2007 John Wiley & Sons, Ltd.

📜 SIMILAR VOLUMES

Demand assessment and price-elasticity e

Demand assessment and price-elasticity estimation of quality-improved primary health care in palestine: a contribution from the contingent valuation method

✍ Awad Mataria; Stéphane Luchini; Yousef Daoud; Jean-Paul Moatti 📂 Article 📅 2007 🏛 John Wiley and Sons 🌐 English ⚖ 206 KB 👁 2 views

## Abstract This paper proposes a new methodology to assess demand and price‐elasticity for health care, based on patients' stated willingness to pay (WTP) values for certain aspects of health care quality improvements. A conceptual analysis of how respondents consider contingent valuation (CV) que

The finite element method—bibliography o

The finite element method—bibliography of its theory and applications, J. E. Akin, D. L. Fenton and W. C. T. Stoddart. available from the Department Of Engineering Science and Mechanics, University of Tennessee, Knoxville, Tennessee, U.S.A., 1972. No. of pages: 160. Price: $3.00

✍ R. H. Gallagher 📂 Article 📅 1973 🏛 John Wiley and Sons 🌐 English ⚖ 76 KB

The Relations of the Proprietor to the R

The Relations of the Proprietor to the Retail Druggist and Price Maintenance**Abstracted from the “Report of the Committee on Relations with the Retail Drug Trade.” presented at the last annual meeting of the Proprietary Association of America. The paper IS reprinted as a contribution to the subjects of price maintenance on proprietary medcines and the cooperative manufacturing and buying movement. The report is not only well written and readable, but presents a fair-minded statement of the retailer’s reasons for being dissatisfied with his present profits on proprietary goods, and shows that the pro rietors are awakening to the necessity of cooperating with him in densing or finding an elective legal method for giving the relief asked for.

✍ Fernald, F.K. 📂 Article 📅 1914 🏛 Elsevier ⚖ 352 KB 👁 2 views