Opening Hours and Quality Choices
نویسنده
چکیده
Using a duopoly model with symmetric retailers, we show that retailer strategies regarding opening hours and quality choices of goods vary depending on the cost structure of the quality investment in goods. In the case of the cost remaining constant regardless of the length of opening hours, a retailer with longer opening hours chooses higher quality and charges higher prices. Conversely, in the case of the cost increasing proportional to opening hours, a retailer with longer opening hours chooses lower quality and charges lower prices. The latter case is consistent with the behavior of retailers in Japan. JEL Classification: L13; L51; R32
منابع مشابه
Online data on opening hours of general practices in England: a comparison with telephone survey data.
BACKGROUND The NHS Choices website (www.nhs.uk) provides data on the opening hours of general practices in England. If the data are accurate, they could be used to examine the benefits of extended hours. AIM To determine whether online data on the opening times of general practices in England are accurate regarding the number of hours in which GPs provide face-to-face consultations. DESIGN ...
متن کاملAnalgesic effects of lidocaine-ketorolac compared to lidocaine alone for intravenous regional anesthesia
Background: Intravenous regional anesthesia is a simple and reliable method for upper extremity surgery. In order to increase the quality of blocks and reduce the amount of pain, many drugs are used with lidocaine. In this study, the effect of ketorolac-lidocaine in intravenous regional anesthesia was investigated. Methods: 40 patients undergoing elective upper limb with America Society of Ane...
متن کاملComparing Typical Opening Move Choices Made by Humans and Chess Engines
The opening book is an important component of a chess engine, and thus computer chess programmers have been developing automated methods to improve the quality of their books. For chess, which has a very rich opening theory, large databases of highquality games can be used as the basis of an opening book, from which statistics relating to move choices from given positions can be collected. In o...
متن کامل"C u @ d Uni": Analysis of academic emails written by native and non-native English speakers
The present study examined email communication practices of two groups of students in Iran and the United States to uncover the probable differences between Iranian and American email communication norms. The study also aimed at investigating how power distance in academic centers influences students’ choices of communication strategies in email writing. The use of two politeness strategies nam...
متن کاملEffect of opening diffuser and return vent location on air quality, thermal comfort and energy saving in desk displacement ventilation (DDV) system
Many investigations have recently been performed on return vent height and indicate that having 1.3 m distance from the floor is the optimized height for it. In this article, the effect of distance between opening diffuser and return vent on air quality, thermal comfort and energy saving was investigated. According to the results, by increasing the distance between opening and return vent up to...
متن کامل