International price competition among food industries: The role of income, population and biased consumer preference

2015 ◽  
Vol 47 ◽  
pp. 327-339 ◽  
Author(s):  
Madoka Okimoto
Keyword(s):  
Price Competition ◽  
Consumer Preference ◽  
Food Industries ◽  
International Price

Exploring the Role of Interaction Effects in Visual Conjoint Analysis

2015 ◽  
Vol 137 (9) ◽  
Author(s):  
Brian Sylcott ◽  
Jeremy J. Michalek ◽  
Jonathan Cagan
Keyword(s):  
Conjoint Analysis ◽  
Consumer Preferences ◽  
Consumer Preference ◽  
Interaction Effects ◽  
Fractional Factorial ◽  
Main Effects ◽  
Full Factorial ◽  
Biased Estimates ◽  
Data Requirements

In conjoint analysis, interaction effects characterize how preference for the level of one product attribute is dependent on the level of another attribute. When interaction effects are negligible, a main effects fractional factorial experimental design can be used to reduce data requirements and survey cost. This is particularly important when the presence of many parameters or levels makes full factorial designs intractable. However, if interaction effects are relevant, main effects design can create biased estimates and lead to erroneous conclusions. This work investigates consumer preference interactions in the nontraditional context of visual choice-based conjoint analysis, where the conjoint attributes are parameters that define a product's shape. Although many conjoint studies assume interaction effects to be negligible, they may play a larger role for shape parameters. The role of interaction effects is explored in two visual conjoint case studies. The results suggest that interactions can be either negligible or dominant in visual conjoint, depending on consumer preferences. Generally, we suggest using randomized designs to avoid any bias resulting from the presence of interaction effects.

scholarly journals The complex assessment of official web-sites of medical organizations

2019 ◽  
Vol 61 (2) ◽  
pp. 70-75
Author(s):  
O. V. Khodakova ◽  
Yuliya V. Evstaf’Eva
Keyword(s):  
Web Sites ◽  
Web Site ◽  
Price Competition ◽  
Practical Significance ◽  
Medical Services ◽  
Medical Organization ◽  
Legal Forms ◽  
The Given ◽  
System Reformation

The patient is a principal part in market relationships in conditions of health care system reformation. The patient is a consumer of medical services provided with set of rights, including right to choice of medical organization and right to choice ofphysician. The implementation of the given rights is possible only in conditions of competition at medical services market. So, in present situation, maintenance and getting involvedflow of patients are actual tasks raised before medical organizations. At the present stage, the official Internet web-site of medical organization play the role of one of tools of non-price competition at the market of medical services. The availability of official web-site with information in concordance with approved requirements to its content and form of presentation is a commitment of medical organizations of all organizational and legal forms fixed at the legislative level. The main purpose of web-site is to support awareness ofpatients concerning all issues related to medical services receiving, including choice of medical organization. The openness and accessibility of information to patient is a criterion of quality of web-site of medical organization. The purpose of study is to evaluate content, informativeness, accessibility and practical significance of official web-sites of medical organizations. The article presents the results of complex studying of web-sites of medical organizations including comparative analysis of official web-sites of medical organizations of state and non-state forms ofproperty, sociological assessment of structural stuffing of official web-sites of medical organizations as a tool of informing population about medical care, expertise evaluation of informativeness, accessibility and functionality of official web-sites of medical organizations.

Static Efficiency of Compulsory Licensing: The Role of Limit Pricing

2007 ◽  
Vol 19 (1) ◽  
pp. 19-33
Author(s):  
Franco Cugno ◽  
Elisabetta Ottoz
Keyword(s):  
Intellectual Property ◽  
Social Welfare ◽  
Price Competition ◽  
Jel Codes ◽  
Limit Pricing ◽  
Compulsory Licensing ◽  
Static Efficiency ◽  
Innovative Firm

A common argument against compulsory licensing of intellectual property maintains that it facilitates the entry of inefficient producers, which may reduce social welfare independently of any effects on R&D incentives. We study the issue in a model where the innovative firm, under the threat of compulsory licensing, reacts strategically by choosing between quantity and price competition. We show that the risk of a reduction in static welfare due to the entry of highly inefficient firms is avoided if licensing entails a royalty per unit of output and no fixed fees. The rationale behind this result lies in the fact that compulsory licensing threat works as a disciplining device to improve static social welfare, even when the applicant is a high cost inefficient firm. JEL codes: KOO, L49, 034.

Customer reciprocity in greening: the role of service quality

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Debarati Basu ◽  
Kamalika Chakraborty ◽  
Shabana Mitra ◽  
Nishant Kumar Verma
Keyword(s):  
Service Quality ◽  
Price Competition ◽  
Emerging Market ◽  
Maximum Growth ◽  
Customer Engagement ◽  
Content Type ◽  
Key Stakeholders ◽  
Business To Consumer ◽  
Operational Processes

Purpose Firms are increasingly making customers key stakeholders in their greening processes, requiring them to voluntarily use their resources to benefit the firm. In this context, this paper develops a new construct – tangible customer citizenship behaviour (CCB), i.e. voluntary participation of customer in operational processes of the company beyond normal requirements of exchange. This requires more involvement than the already documented intangible CCB. The purpose of the paper is to then explore whether service quality (SQ) (online and offline) influences such voluntary customer reciprocity in greening. Design/methodology/approach This study used a virtual survey among 400 customers of e-commerce firms that have adopted greening practices requiring customer engagement and regressions were used to test the hypotheses. Findings The authors find that both online and offline SQ positively impact intangible CCB but have no impact on customer greening reciprocity (tangible CCB). Additionally, the authors find that offline SQ positively impacts customer greening awareness. However, in spite of the presence of greening awareness and display of intangible CCB, SQ does not have any impact on greening reciprocity. Originality/value This study introduces to literature a more tangible form of voluntary behaviour on the part of the customer, i.e. tangible CCB or reciprocity. To the best of the authors’ knowledge, it is also one of the first to study the customer as an important stakeholder and participant in a business-to-consumer firm’s operating processes, particularly in greening which has no direct impact on the firm’s core offering. The focus on greening in the Indian context is also novel given the greening costs and requirements and the price competition are very different in emerging market contexts where e-commerce firms are experiencing the maximum growth.

EXPRESS: How Does Global–Local Identity Affect Consumer Preference for Access-Based Consumption? Investigating the Mediating Role of Consumption Openness

2021 ◽  
pp. 002224372110551
Author(s):  
Xiaodong Nie ◽  
Zhiyong Yang ◽  
Yinlong Zhang ◽  
Narayanan Janakiraman
Keyword(s):  
Close Association ◽  
Consumer Preference ◽  
Sharing Economy ◽  
Knowledge Gap ◽  
Local Identity ◽  
Global Identity ◽  
Mediating Role ◽  
Managerial Implications ◽  
The Relationship

Given the increasing importance of the global sharing economy, consumers face the decision as to whether to choose an access-based option versus an owning option. However, our understanding of how consumers’ global–local identity may influence their preference for access-based consumption is rather limited. The authors fill this knowledge gap by proposing that consumers high in global identity (“globals”) have a greater preference for access-based consumption than those high in local identity (“locals”). Such effects are mediated by consumers’ consumption openness. Consistent with the “consumption openness” account, the authors find that when the desire for openness is enhanced by a contextual cue, locals’ preference for access-based consumption is elevated, whereas globals’ preference for access-based consumption is unaffected. However, when the desire for openness is suppressed by a contextual cue, globals’ preference for access-based consumption is reduced, whereas locals’ preference for access-based consumption is unaffected. Similarly, consumers’ traveler–settler orientation sets a boundary for the relationship between global–local identity and preference for access-based consumption, given its close association with consumption openness. Theoretical and managerial implications are discussed.

Struttura competitiva dopo la crisi Alitalia: il caso dela tratta Milano-Roma

2009 ◽  
pp. 167-178
Author(s):  
Giovanna Campopiano ◽  
Josip Kotlar ◽  
Andrea Salanti
Keyword(s):  
Price Competition ◽  
High Speed ◽  
Substantial Reduction ◽  
Air Travel ◽  
Air Transport ◽  
High Speed Rail ◽  
Passenger Traffic ◽  
Transport Services ◽  
Real Price

Air travel routes and high speed rail connection between Milan and Rome after the Alitalia crisis This paper analyses the first available data about changes in passenger traffic and air/rail fares after the Alitalia crisis and the substantial reduction of the travel time between Milan and Rome, due to the improvement of high speed rail on this connection. As recently happened in similar cases within Europe, the rail has gained a significant share of traffic previously attracted by air transport services. Apart from that, a real price competition is prevented by a number of inefficiencies which are mainly due to the monopolistic position of the new Alitalia on the route Milan Linate-Rome Fiumicino and problems of accessibility affecting our airports, and partly our rail stations too. The role of the various authorities potentially involved is burdened, in the last instance, by infrastructural deficiencies.

Price Competition: The Role of Gender and Education

2004 ◽  
pp. 287-297 ◽  
Author(s):  
Martin Dufwenberg ◽  
Uri Gneezy ◽  
Aldo Rustichini
Keyword(s):  
Price Competition ◽  
Gender And Education

Exploring Trust Building Mechanisms in Global B2B Electronic Markets

2006 ◽  
pp. 59-73
Author(s):  
Ana Rosa del Aguila-Obra ◽  
Antonio Padilla-Melendez
Keyword(s):  
Price Competition ◽  
Electronic Markets ◽  
Trust Building ◽  
Electronic Communications ◽  
Communications Networks ◽  
Strategic Role ◽  
Business To Business ◽  
Organizational Cooperation ◽  
Role Of Information

There have been numerous studies about business-to-business (B2B) electronic commerce and market structure, most of them analyzing the relationships between buyers and sellers and the role of intermediaries. This research is based mainly on earlier papers about the role of information technology (IT) and electronic communications networks in the companies’ relationships. The use of these computerized inter-organizational networks leads to lower transaction costs, which encourages the development of electronic markets, where there is a severe price competition and greater buyer choice. In this chapter, we analyze the development of global B2B electronic markets and if these markets are becoming a way of improving trust between organizations at an international level, increasing, therefore, the inter-organizational cooperation among them. Based on the literature review and on the analysis of some global electronic markets, we define and describe these platforms, stressing the strategic role of each of the principal participating actors. Furthermore, we propose a model to explain the trust-related sources of competitive advantage for the new intermediaries in electronic markets and compare those with the off-line market’s characteristics. In addition, some propositions related with the trust-building mechanisms are defined.

Sign in / Sign up

Export Citation Format

Share Document