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Essays on consumption flexibility, s...

Guo, Liang.

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Essays on consumption flexibility, stockpiling and market interaction.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Essays on consumption flexibility, stockpiling and market interaction./
作者:	Guo, Liang.
面頁冊數:	157 p.
附註:	Source: Dissertation Abstracts International, Volume: 65-09, Section: A, page: 3474.
Contained By:	Dissertation Abstracts International65-09A.
標題:	Business Administration, Marketing. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3146868
ISBN:	0496058231

Essays on consumption flexibility, stockpiling and market interaction.
Guo, Liang.

Essays on consumption flexibility, stockpiling and market interaction. - 157 p.

Source: Dissertation Abstracts International, Volume: 65-09, Section: A, page: 3474.

Thesis (Ph.D.)--University of California, Berkeley, 2004.

This dissertation investigates the role of consumption flexibility and stockpiling in consumer and firm decision-making, interaction and competition. Particularly, it shows that consumption flexibility could promote consumers to purchase different products simultaneously and thus mitigate price competition. However, firms may actually cut prices too much to induce multiple buying. As a result, competing firms may not benefit from consumption flexibility unless they endogenously decease horizontal differentiation. The distinction from preference change and the importance of consumption flexibility in grocery shopping is also documented in a structural choice model estimated on scanner panel data. Lastly, the dissertation studies how consumer stockpiling could generate temporal price dispersion, while being endogenously induced as rational consumers adjust purchase timing in response to anticipated price dynamics. The economic forces underlying price competition in presence of stockpiling are identified.

ISBN: 0496058231Subjects--Topical Terms:

1017573
Business Administration, Marketing.

Essays on consumption flexibility, stockpiling and market interaction.
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500 $a Source: Dissertation Abstracts International, Volume: 65-09, Section: A, page: 3474.
500 $a Chairs: J. Miguel Villas-Boas; Ganesh Iyer.
502 $a Thesis (Ph.D.)--University of California, Berkeley, 2004.
520 $a This dissertation investigates the role of consumption flexibility and stockpiling in consumer and firm decision-making, interaction and competition. Particularly, it shows that consumption flexibility could promote consumers to purchase different products simultaneously and thus mitigate price competition. However, firms may actually cut prices too much to induce multiple buying. As a result, competing firms may not benefit from consumption flexibility unless they endogenously decease horizontal differentiation. The distinction from preference change and the importance of consumption flexibility in grocery shopping is also documented in a structural choice model estimated on scanner panel data. Lastly, the dissertation studies how consumer stockpiling could generate temporal price dispersion, while being endogenously induced as rational consumers adjust purchase timing in response to anticipated price dynamics. The economic forces underlying price competition in presence of stockpiling are identified.
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790 1 0 $a Iyer, Ganesh, $e advisor
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