On the Implications of Reporting Retail Food Prices over Extended Periods
作者:
MERLE D. FAMINOW,
BRUCE L. BENSON,
期刊:
Journal of Consumer Affairs
(WILEY Available online 1987)
卷期:
Volume 21,
issue 1
页码: 40-69
ISSN:0022-0078
年代: 1987
DOI:10.1111/j.1745-6606.1987.tb00187.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
This paper reports the results of economic experiments designed to determine the implications of a changed information flow to sellers in spatial markets. The experimental design used duopoly posted‐price markets. Apparently, price and firm profit levels increase as a result of instituting a price reporting system when consumers are fully informed. In light of these findings, it appears that a retail food price reporting system may have adverse impacts on consumers, especially when instituted for longer time period
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