Deregulation of Shopping Hours: The Impact on Corner Shops and Chain Stores∗
نویسنده
چکیده
This paper studies business hour decisions by retail chains and corner shops in a spatial retail market. We use a Salop-type model where retailers compete in prices and shopping hours. Assuming equally efficient firms, we find that the corner shop chooses no shorter business hours than a retail chain, but potentially longer ones. Additionally, we find that the firms have different stands towards deregulation of opening hours. For non-trivial deregulations, a corner shop may loose or gain, while the retail chain looses profits unambiguously. These results are overturned when the retail chain enjoys a sufficiently large efficiency advantage. Then, a retail chain may choose longer shopping hours and may gain by deregulation.
منابع مشابه
Why Shops Close Again: An Evolutionary Perspective on the Deregulation of Shopping Hours
This paper introduces a new perspective on the deregulation of shopping hours based on ideas from evolutionary game theory. We study a retail economy where shopping hours have been deregulated recently. It is argued that first, the deregulation leads to a coordination problem between store owners and customer, and second, the ‘solution’ to this problem depends on the specific cost structure of ...
متن کاملThe Effect of Commercial Spaces on the changes in Social Networks of Tehran citizens
The social structures of the society, as a network, are made up of a set of individuals and the links between them, stimulants and groups; the best way to study social structure is to study the relationships between its members. This study seeks to see how reference to megamalls and commercial complexes impact social networks (bonding, weak or local). The statistical sample of the present study...
متن کامل'Dinkies' and Housewives: The Regulation of Shopping Hours
The idea of deregulating shopping hours brings strong opposition from many groups in the society. Surprisingly, even many consumers oppose deregulation. The paper rationalizes this behavior by considering heterogeneous consumers who differ in their earnings abilities. If a majority of families has two income earners, long opening hours become essential and the regulation of shopping hours tends...
متن کاملFormative Evaluation for a Healthy Corner Store Initiative in Pitt County, North Carolina: Engaging Stakeholders for a Healthy Corner Store Initiative, Part 2
INTRODUCTION We examined the feasibility of increasing access to healthful food in corner stores to inform a Communities Putting Prevention to Work (CPPW) initiative by engaging stakeholders (corner store owners and customers) in a formative evaluation. METHODS Qualitative interviews were conducted with corner store owners and managers (n = 11). Customer intercept surveys (n = 179) were also ...
متن کاملThe Effect of Information Rate and Store Environment on Purchasing Value; Analysis of the Role of Confusion and Motivational Tendency
Objective A great number of customers spend much more time than expected on shopping because of a lot of reasons like variety in products. Thus, they may feel confused and disappointed. Such confusion can influence purchasing procedure and determine purchasing behavior. Such customers fail to purchase wisely and may face difficulty choosing appropriate and reasonable products. However, if the ...
متن کامل