| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14113 |
| DP14113 A Generalized Model of Advertised Sales | |
| Sandro Shelegia; Christopher Wilson | |
| 发表日期 | 2019-11-12 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | To better understand temporary price reductions or ‘sales’, this paper presents a generalized ‘clearinghouse’ framework of advertised sales and explores some example applications. By viewing the firms as competing in utility and amending the conventional tie-break rule, we allow for multiple dimensions of firm heterogeneity in complex market environments. Moreover, we i) provide original insights into the number and types of firms that use sales, ii) offer new results on how firm heterogeneity affects market outcomes, iii) extend a common empirical ‘cleaning’ procedure, and iv) analyze a family of activities in sales markets, including persuasive advertising and obfuscation. |
| 主题 | Industrial Organization |
| 关键词 | Sales Price dispersion Advertising Clearinghouse Heterogeneity |
| URL | https://cepr.org/publications/dp14113 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543001 |
| 推荐引用方式 GB/T 7714 | Sandro Shelegia,Christopher Wilson. DP14113 A Generalized Model of Advertised Sales. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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