Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/38644 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorHendel, Igalen
dc.contributor.authorNevo, Aviven
dc.date.accessioned2010-08-13T08:26:08Z-
dc.date.available2010-08-13T08:26:08Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/38644-
dc.description.abstractTemporary price reductions (sales) are common for many goods and naturally result in a large increase in the quantity sold. We explore whether the data support the hypothesis that these increases are, at least partly, due to dynamic consumer behavior: at low prices consumers stockpile for future consumption. This effect, if present, has broad economic implications. We construct a dynamic model of consumer choice, use it to derive testable predictions and test these predictions using two years of scanner data on the purchasing behavior of a panel of households. The results support the existence of household stockpiling behavior and suggest that static demand estimates may overestimate price sensitivity.en
dc.language.isoengen
dc.publisher|aNorthwestern University, Center for the Study of Industrial Organization (CSIO) |cEvanston, ILen
dc.relation.ispartofseries|aCSIO Working Paper |x0061en
dc.subject.ddc330en
dc.titleSales and consumer inventory-
dc.type|aWorking Paperen
dc.identifier.ppn505144018en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Datei(en):
Datei
Größe
261.55 kB





Publikationen in EconStor sind urheberrechtlich geschützt.