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Multiproduct retailing and consumer shopping behavior: The role of shopping costs
dc.creator | Florez-Acosta, Jorge | |
dc.creator | Herrera-Araujo, Daniel | spa |
dc.date.accessioned | 2020-05-25T23:55:33Z | |
dc.date.available | 2020-05-25T23:55:33Z | |
dc.date.created | 2020 | spa |
dc.description.abstract | We empirically examine the role of shopping costs in consumer shopping behavior in a context of competing differentiated supermarkets that supply similar product lines. We develop and estimate a model of demand in which consumers can purchase multiple products from multiple stores in the same week, and incur transaction costs of dealing with supermarkets. We show that a similar model without shopping costs predicts a larger proportion of multistop shoppers and overestimates own-price elasticities and product markups. Further, we use our model along with a model of competition between supermarkets to study two practices that are commonly used by supermarkets: product delisting and loss-leader pricing. We show that the presence of shopping costs makes product delisting less profitable whereas it makes loss-leader pricing more profitable compared to a context in which consumers do not incur shopping costs. © 2019 Elsevier B.V. | eng |
dc.format.mimetype | application/pdf | |
dc.identifier.doi | https://doi.org/10.1016/j.ijindorg.2019.102560 | |
dc.identifier.issn | 1677187 | |
dc.identifier.uri | https://repository.urosario.edu.co/handle/10336/22125 | |
dc.language.iso | eng | spa |
dc.publisher | Elsevier Inc. | spa |
dc.relation.citationTitle | International Journal of Industrial Organization | |
dc.relation.citationVolume | Vol. 68 | |
dc.relation.ispartof | International Journal of Industrial Organization, ISSN:1677187, Vol.68,(2020) | spa |
dc.relation.uri | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85076594294&doi=10.1016%2fj.ijindorg.2019.102560&partnerID=40&md5=db3d445fd3fb9967eec614f972717192 | spa |
dc.rights.accesRights | info:eu-repo/semantics/openAccess | |
dc.rights.acceso | Abierto (Texto Completo) | spa |
dc.source.instname | instname:Universidad del Rosario | spa |
dc.source.reponame | reponame:Repositorio Institucional EdocUR | spa |
dc.subject.keyword | Consumer behavior | spa |
dc.subject.keyword | Cost benefit analysis | spa |
dc.subject.keyword | Profitability | spa |
dc.subject.keyword | Retail stores | spa |
dc.subject.keyword | Consumer shopping | spa |
dc.subject.keyword | Market Power | spa |
dc.subject.keyword | Multiple products | spa |
dc.subject.keyword | Multistop shopping | spa |
dc.subject.keyword | Own-price elasticities | spa |
dc.subject.keyword | Product delisting | spa |
dc.subject.keyword | Similar models | spa |
dc.subject.keyword | Transaction cost | spa |
dc.subject.keyword | Costs | spa |
dc.subject.keyword | Loss-leader pricing | spa |
dc.subject.keyword | Market power | spa |
dc.subject.keyword | Multistop shopping | spa |
dc.subject.keyword | Product delisting | spa |
dc.subject.keyword | Shopping costs | spa |
dc.subject.keyword | Supermarket competition | spa |
dc.title | Multiproduct retailing and consumer shopping behavior: The role of shopping costs | spa |
dc.type | article | eng |
dc.type.hasVersion | info:eu-repo/semantics/publishedVersion | |
dc.type.spa | Artículo | spa |