best price dbp substitution dbp substitution

  • best price dbp substitution dbp substitution
  • best price dbp substitution dbp substitution
  • best price dbp substitution dbp substitution
  • Are substitution patterns well-approximated by a CES specification?
  • This suggests that the substitution patterns in the data are not well-approximated by a CES specification; the ordinal price metric of the best price is typically required to match the substitution patterns in the variable weight index.
  • Do consumers substitute heavily to products that are promoted?
  • They found, in a supermarket context, that consumers substitute heavily to products that are being promoted even when the promoted prices are not the lowest. Such observations have led to many suggested alternatives to the BLS approach.
  • Does price influence substitution?
  • Feenstra and Shapiro (2003) demonstrate that substitution is induced not only by price, but from pro- motion activity. They found, in a supermarket context, that consumers substitute heavily to products that are being promoted even when the promoted prices are not the lowest.
  • Do bargain hunters engage in substitution?
  • Thus, Bargain Hunters engage in substitution, but it is without utility consequence. Substitution by the Loyal types would have utility consequences, but it does not occur. While these results are of course special to our model, the insight about retailer price discrimination applies more generally.
  • How do time series of prices for close substitute products affect prices?
  • the time series of prices for close substitute products are negatively correlated a common shock leads to the change in V L and V H ). We take as our objective aggregating prices such that the change in our price aggregate over time would form an exact price index.
  • Is there a relationship between price collection methodology and substitution patterns?
  • The sample of prices obtained across outlets may bear a relationship to the distribution of substitute variety prices within an outlet, but the empirical relationship between the assumptions implicit in the price collection methodology and actual substitution patterns is unknown.

Recommended hot-selling products