Spatial competition between shopping centers
نویسندگان
چکیده
منابع مشابه
Spatial competition between shopping centers ¬リニ
We study competition between two shopping centers that sell the same set of goods and are located at the extremes of a linear city, without restricting consumers tomake all their purchases at a single place. In the case of competition between a shoppingmall (set of independent single-product shops) and a department store (singlemultiproduct shop), we find that: if the number of goods is low, al...
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This paper investigates competition between jurisdictions in the context of cross-border shopping for state lottery tickets. We rst develop a simple theoretical model in which consumers choose between state lotteries and face a trade-o between travel costs and the price of a fair gamble, which is declining in the size of the jackpot and the odds of winning. Given this trade-o , the model predic...
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Knutson et al. performed functional MRI on individuals while the subjects were deciding whether or not to purchase various items. Their results, reported in this issue of Neuron, support the theory that the decision to purchase involves the integration of emotional signals related to the anticipation of both obtaining the desired product and suffering the financial loss of paying for it.
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T paper analyzes the competitive role of retail shopping experience in markets with consumer search costs. We examine how a retailer’s advantage in providing consumer shopping experience affects its equilibrium pricing and price advertising strategies. We find that if the consumer valuation of a shopping experience is sufficiently low, its effect on retailer strategy is similar to that of quali...
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In our model, two profit-maximizing sellers sell a homogeneous good to Bayesian, riskneutral buyers in an online comparison shopping service. Buyers use a reputation system to update their beliefs about sellers. Buyers purchase from the seller that maximizes the buyer’s expected utility from the purchase. We find that the seller’s profit depends on the distribution of buyer beliefs. A degenerat...
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ژورنال
عنوان ژورنال: Journal of Mathematical Economics
سال: 2014
ISSN: 0304-4068
DOI: 10.1016/j.jmateco.2013.09.002