Chain-store pricing across local markets
UNSPECIFIED. (2005) Chain-store pricing across local markets. JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY, 14 (1). pp. 93-119. ISSN 1058-6407Full text not available from this repository.
Chain-stores now dominate most areas Of retailing. While retailers may operate nationally or even internationally, the markets they compete in are largely local, How should they best operate pricing policy in respect of the different markets served-price uniformly across the local markets or on a local basis according to market conditions? We model this by allowing local market differences, with retail markets differing by their size and the number of players present. We show that practising price discrimination is not always best for a chain-store. Competitive conditions exist wider which uniform pricing call raise profits.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
|Journal or Publication Title:||JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY|
|Publisher:||M I T PRESS|
|Number of Pages:||27|
|Page Range:||pp. 93-119|
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