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Book Consumer Response to Price

Download or read book Consumer Response to Price written by Jacob Jacoby and published by . This book was released on 1976 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Dynamics of Consumer Response to Price Discounts

Download or read book The Dynamics of Consumer Response to Price Discounts written by James M. Lattin and published by . This book was released on 1988 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Dynamics of Consumer Response to Price and Promotion

Download or read book The Dynamics of Consumer Response to Price and Promotion written by James M. Lattin and published by . This book was released on 1988 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Reference Price Theory

Download or read book Reference Price Theory written by Daniel Steven Putler and published by . This book was released on 1988 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Consumer Response to Characteristics of Price matching Guarantees

Download or read book Consumer Response to Characteristics of Price matching Guarantees written by Monika Kukar-Kinney and published by . This book was released on 2003 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Consumer Response to Grocery Store Price Information

Download or read book Consumer Response to Grocery Store Price Information written by Valarie Ann Zeithaml and published by . This book was released on 1980 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book An Econometric Analysis of Consumer Response to Retail Price Promotions

Download or read book An Econometric Analysis of Consumer Response to Retail Price Promotions written by Francis J. Mulhern and published by . This book was released on 1989 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Consumer Response to Grocery Store Price Information

Download or read book Consumer Response to Grocery Store Price Information written by Valarie A. Zeithaml and published by . This book was released on 1980 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Measuring consumer response to price deals in the grocery sector

Download or read book Measuring consumer response to price deals in the grocery sector written by Jørgen Kai Olsen and published by . This book was released on 1983 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Consumer Response to Deals

Download or read book Consumer Response to Deals written by P. S. Raju and published by . This book was released on 1979 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Consumer Decisions in Response to Price Increases

Download or read book Consumer Decisions in Response to Price Increases written by Yiwen Zhang and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Consumer Response to Gasoline Price Changes

Download or read book The Consumer Response to Gasoline Price Changes written by Kenneth Thomas Gillingham and published by Stanford University. This book was released on 2011 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: When gasoline prices rise, people notice: the news is filled with reports of pinched household budgets and politicians feeling pressure to do something to ameliorate the burden. Yet, raising the gasoline tax to internalize externalities is widely considered by economists to be among the most economic efficiency-improving policies we could implement in the transportation sector. This dissertation brings new evidence to bear on quantifying the responsiveness to changing gasoline prices, both on the intensive margin (i.e., how much to drive) and the extensive margin (i.e., what vehicles to buy). I assemble a unique and extremely rich vehicle-level dataset that includes all new vehicle registrations in California 2001 to 2009, and all of the mandatory smog check program odometer readings for 2002 to 2009. The full dataset exceeds 49 million observations. Using this dataset, I quantify the responsiveness to gasoline price changes on both margins, as well as the heterogeneity in the responsiveness. I develop a novel structural model of vehicle choice and subsequent utilization, where consumer decisions are modeled in a dynamic setting that explicitly accounts for selection on unobserved driving preference at both the time of purchase and the time of driving. This utility-consistent model allows for the analysis of the welfare implications to consumers and government of a variety of different policies, including gasoline taxes and feebates. I find that consumers are responsive to changing gasoline prices in both vehicle choice and driving decisions, with more responsiveness than in many recent studies in the literature. I estimate a medium-run (i.e., roughly two-year) elasticity of fuel economy with respect to the price of gasoline for new vehicles around 0.1 for California, a response that varies by whether the vehicle manufacturer faces a tightly binding fuel economy standard. I estimate a medium-run elasticity of driving with respect to the price of gasoline around -0.15 for new personal vehicles in the first six years. Older vehicles are driven much less, but tend to be more responsive, with an elasticity of roughly -0.3. I find that the vehicle-level responsiveness in driving to gasoline price changes varies by vehicle class, income, geographic, and demographic groups. I also find that not including controls for economic conditions and not accounting for selection into different types of new vehicles based on unobserved driving preference tend to bias the elasticity of driving away from zero -- implying a greater responsiveness than the true responsiveness. This is an important methodological point, for much of the literature estimating similar elasticities ignores these two issues. These results have significant policy implications for policies to reduce gasoline consumption and greenhouse gas emissions from transportation. The relatively inelastic estimated responsiveness on both margins suggests that a gasoline tax policy may not lead to dramatic reductions in carbon dioxide emissions, but is a relatively non-distortionary policy instrument to raise revenue. When the externalities of driving are considered, an increased gasoline tax may not only be relatively non-distortionary, but even economic efficiency-improving. However, I find that the welfare changes from an increased gasoline tax vary significantly across counties in California, an important consideration for the political feasibility of the policy. Finally, I find suggestive evidence that the ``rebound effect'' of a policy that works only on the extensive margin, such as a feebate or CAFE standards, may be closer to zero than the elasticity of driving with respect to the price of gasoline. This suggestive finding is particularly important for the analysis of the welfare effects of any policy that focuses entirely on the extensive margin.

Book Consumer Response to Retailer Pricing Strategies

Download or read book Consumer Response to Retailer Pricing Strategies written by David R. Bell and published by . This book was released on 1995 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Consumer Response to Water Price Increases

Download or read book Consumer Response to Water Price Increases written by Dan Rodrigo and published by . This book was released on 1988 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Pricing

    Book Details:
  • Author : Kent B. Monroe
  • Publisher : McGraw-Hill College
  • Release : 2003
  • ISBN : 9780072528817
  • Pages : 658 pages

Download or read book Pricing written by Kent B. Monroe and published by McGraw-Hill College. This book was released on 2003 with total page 658 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Kent Monroe's new edition of Pricing: Making Profitable Decisions marks the return of this classic introduction to the foundations of pricing. Designed to teach you an integrative framework for making pricing decisions, the Third Edition represents a substantial revision of the previous edition. With new topics such as price wars, value-oriented pricing, and competitive signaling incorporated into the text's unique consumer behavior focus, this edition not only focuses on economic reasoning but it also shows you the influences and behaviors behind pricing and how companies and consumers determine the right price for a product or service." "Classroom tested and proven throughout the world in executive seminars, Pricing: Making Profitable Decisions presents clear-cut examples and provides an understandable basis for analyzing pricing alternatives within legal and corporate constraints."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Book Consumer Price and Promotion Expectations

Download or read book Consumer Price and Promotion Expectations written by Manohar U. Kalwani and published by . This book was released on 1990 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: