Share, price and category expenditure—geographic market effects and private labels

Private Labels, Price Rivalry, and Public Policy¤

The article examines how the existence of a retailer owned brand, private label, a¤ects the price setting of a national brand. We ...nd that the potential for a private label introduction may lead to price concessions from the national brand producer, but that actual private label introduction as such may very well lead to higher retail prices on national brands. We argue that this may have imp...

Category labels versus feature labels: category labels polarize inferential predictions.

What makes category labels different from feature labels in predictive inference? This study suggests that category labels tend to make inductive reasoning polarized and homogeneous. In two experiments, participants were shown two schematic pictures of insects side by side and predicted the value of a hidden feature of one insect on the basis of the other insect. Arbitrary verbal labels were sh...

Price Relationships and Spillover Effects of Price Volatilities in Iran's Rice Market

Rice plays an especial role in Iranian households' nutrition basket. The volatilities of its price during recent years caused consumers' dissatisfaction. This paper investigates spillover effects of price volatilities (at the wholesale and retail levels) in the Guilan Province rice market. The Generalized Autoregressive Conditional Hetroscedasitic (GARCH) model was used for the monthly time per...

Competing Loyalty Programs: Impact of Market Saturation, Market Share, and Category Expandability

Loyalty programs have become an important component of firms’ relationship management strategies. There are now some industries in which numerous rival loyalty programs are offered, inducing intense competition among these programs. However, existing research on loyalty programs has often studied such programs in a noncompetitive setting and has often focused on a single program in isolation. A...

Market Structure and Price Adjustment in the Iranian Tea Market