Testing for Price Co-Integration between Producers and Retailers: Evidence from Ethiopian Milk Market

The Co-movement between Output and Prices: Evidence from Iran

This paper employs a multivariate dynamic conditional correlation GARCH model, which is developed by Engle (2001, 2002), to detect the timing and nature of changes in the comovement between Iranian output and prices for the periods after Iran–Iraq war , known as imposed war . The results showed that there is a weak correlation between output and prices after imposed war and  varies periodically...

Quality-based Price Discrimination: Evidence from Internet Retailers’ Shipping Options

This paper tests various implications of quality-based price discrimination theory in the context of internet book retailers’ shipping menus. Many internet retailers create quality variants of a homogeneous good by bundling it with several shipping options that differ by delivery time. This practice can allow retailers to extract further surplus from consumers through quality-based price discri...

Market-Based Price-Risk Management for Coffee Producers

Assessing the Degree of Spot Market Integration For U.S. Natural Gas: Evidence from Daily Price Data

This paper assesses the degree of market integration in the U.S. natural gas market following the FERC’s ‘open access’ reforms of the late 1980s. Daily spot prices at 76 market locations from 1993 to 1997 are used to examine (i) the geographic extent of the market, which depends on the extensiveness of LOOP equilibrium conditions throughout the pipeline network and (ii) the speed with which mar...

Two kinds of Online Retailers' Price Competition on B2C Market

Hao Fu, Jieyao Ding, Leilei Liu 1 Hao Fu, Herbert A.Simon & Reinhard Selten Behavioral Decision Research Lab, School of Economics and Management, Southwest Jiaotong University, ChengDu 610031, China 86-28-87600895; 13808177037; [email protected] 2 Jieyao Ding, Leilei Liu, Herbert A.Simon & Reinhard Selten Behavioral Decision Research Lab, School of Economics and Management, Southwest Jiaotong Uni...