Price, price dispersion and number of sellers at a low entry cost shopbot
β Scribed by Michelle Haynes; Steve Thompson
- Book ID
- 116556920
- Publisher
- Elsevier Science
- Year
- 2008
- Tongue
- English
- Weight
- 275 KB
- Volume
- 26
- Category
- Article
- ISSN
- 0167-7187
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π SIMILAR VOLUMES
Point-of-sale (POS) terminals, electronic cash registers, computers, bar-code scanners, and many other products are being used today to automate the retail business. One difficult-to-automate process, however, is ensuring that the prices shown on store shelves agree with those displayed and register
## Abstract We study the existence of price distributions and the intraβdistribution 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 crossβse