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How Low Is a Guaranteed-Lowest-Price?

✍ Scribed by Zhiqi Chen

Book ID
125000653
Publisher
John Wiley and Sons
Year
1995
Tongue
English
Weight
410 KB
Volume
28
Category
Article
ISSN
0008-4085

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## Abstract We study the existence of price distributions and the intra‐distribution dynamics for 10 food products across 131 retail stores in Germany for a time period of 43 weeks. Based upon Varian's (1980) model of sales, we aim at investigating whether the position of stores within the cross‐se