Replication data for: Relative Price Dispersion: Evidence and Theory
Principal Investigator(s): View help for Principal Investigator(s) Greg Kaplan; Guido Menzio; Leena Rudanko; Nicholas Trachter
Version: View help for Version V1
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| data | 12/07/2019 03:10:PM | ||
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text/plain | 14.6 KB | 12/07/2019 10:11:AM |
Project Citation:
Kaplan, Greg, Menzio, Guido, Rudanko, Leena, and Trachter, Nicholas. Replication data for: Relative Price Dispersion: Evidence and Theory. Nashville, TN: American Economic Association [publisher], 2019. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116437V1
Project Description
Summary:
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Relative price dispersion refers to persistent differences in the price that different retailers set for one particular good relative to the price they set for other goods. Relative price dispersion accounts for 30 percent of the overall variance of prices at which the same good is sold during the same week and in the same market. Relative price dispersion can be rationalized as the consequence of a pricing strategy used by sellers to discriminate between high-valuation buyers who need to make all of their purchases in one store, and low-valuation buyers who are able to purchase different items in different stores.
Scope of Project
JEL Classification:
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D83 Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
L11 Production, Pricing, and Market Structure; Size Distribution of Firms
L21 Business Objectives of the Firm
L81 Retail and Wholesale Trade; e-Commerce
D83 Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
L11 Production, Pricing, and Market Structure; Size Distribution of Firms
L21 Business Objectives of the Firm
L81 Retail and Wholesale Trade; e-Commerce
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