| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16784 |
| DP16784 Price Dispersion in Wines | |
| Kate Rockett; Jean-Marie Cardebat; Pierre Régibeau | |
| 发表日期 | 2021-12-07 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We investigate price dispersion in restaurant sales of wine. We measure empirically the change in price dispersion as competition varies, finding that price dispersion increases with competition. We then propose a spatial model capturing the unique features of restaurant dining to explain this empirical regularity. The model reveals an indirect effect flowing through the price of food, which is announced and known by customers, to the price of wine, which is only revealed once the customer enters the restaurant and receives the wine list. The results add to the literature on “add ons” and price dispersion in bundled good markets. |
| 主题 | Industrial Organization |
| 关键词 | Price dispersion Wine Restaurant Spatial competition |
| URL | https://cepr.org/publications/dp16784 |
| 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/545717 |
| 推荐引用方式 GB/T 7714 | Kate Rockett,Jean-Marie Cardebat,Pierre Régibeau. DP16784 Price Dispersion in Wines. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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