scholarly journals Price Setting in Online Markets: Basic Facts, International Comparisons, and Cross-border Integration

2014 ◽  
Author(s):  
Yuriy Gorodnichenko ◽  
Oleksandr Talavera
Keyword(s):  
International Comparisons ◽  
Price Setting ◽  
Online Markets ◽  
Cross Border ◽  
Basic Facts

scholarly journals Price Setting in Online Markets: Basic Facts, International Comparisons, and Cross-Border Integration

2017 ◽  
Vol 107 (1) ◽  
pp. 249-282 ◽  
Author(s):  
Yuriy Gorodnichenko ◽  
Oleksandr Talavera
Keyword(s):  
Exchange Rate ◽  
International Comparisons ◽  
The United States ◽  
Nominal Exchange Rate ◽  
Retail Sector ◽  
Price Setting ◽  
Online Markets ◽  
Basic Facts ◽  
Exchange Rate Shocks ◽  
Pass Through

We document basic facts about prices in online markets in the United States and Canada, which is a rapidly growing segment of the retail sector. Relative to prices in regular stores, prices in online markets are more flexible and exhibit stronger pass-through (60–75 percent) and faster convergence (half-life less than two months) in response to movements of the nominal exchange rate. Multiple margins of adjustment are active in the process of responding to nominal exchange rate shocks. Properties of goods, sellers, and markets are systematically related to pass-through and the speed of price adjustment for international price differentials. (JEL F31, F41, L11, L81)

scholarly journals Bargaining and Fixed Price Offers: How Online Intermediaries are Changing New Car Transactions

2007 ◽  
Vol 6 (2) ◽  
Author(s):  
Michael A. Arnold ◽  
Thierry Pénard
Keyword(s):  
Price Competition ◽  
Search Costs ◽  
Empirical Literature ◽  
Price Setting ◽  
Online Markets ◽  
Automobile Market ◽  
Fixed Price ◽  
Setting Process ◽  
The Impact

This paper develops a model of oligopolistic price competition to analyze the impact of online intermediaries such as Autobytel.com on the price setting process in the automobile market. The roles of dealer search costs, the fraction of buyers using the intermediary, the value of the item being sold, and heterogeneity in buyer bargaining abilities are explored. The model provides theoretical insights relevant to the empirical literature addressing the role that intermediaries like Autobytel play in online markets. For example, we present conditions under which the price offered through the intermediary is either higher or lower than offline (bargained) prices.

scholarly journals Price Setting in Online Markets: Does IT Click?

2018 ◽  
Vol 16 (6) ◽  
pp. 1764-1811 ◽  
Author(s):  
Yuriy Gorodnichenko ◽  
Viacheslav Sheremirov ◽  
Oleksandr Talavera
Keyword(s):  
Price Setting ◽  
Online Markets

scholarly journals Assessing the Effects of a Tobacco Tax Reform on the Industry Price-Setting Strategy

2021 ◽  
Vol 18 (19) ◽  
pp. 10376
Author(s):  
Jose Angelo Divino ◽  
Philipp Ehrl ◽  
Osvaldo Candido ◽  
Marcos Aurelio Pereira Valadao
Keyword(s):  
Tax Reform ◽  
Executive Power ◽  
Price Setting ◽  
Goods And Services ◽  
Cigarette Industry ◽  
Cross Border ◽  
Cigarette Tax ◽  
Tobacco Tax ◽  
Cigarette Brand ◽  
Price Floor

In July 2020, the Executive Power submitted Bill no. 3887-2020 as the first step towards a wide reform of the Brazilian tax system. It will replace the current PIS/COFINS (charged on turnover of companies) by the CBS (a tax on goods and services), which includes a special regime for cigarettes. The novelty is that the specific cigarette tax will be charged on the highest retail price per cigarette brand across the country. This research simulates three scenarios that differ according to the price-setting strategy of the tobacco industry in reaction to the proposed tax reform. In all simulations, the tax reform would result in considerably higher cigarette prices, lower cigarette consumption, higher tax collection, and an implicit minimum price that is far above the current official price floor. Furthermore, the price dispersion and cross-border shopping across states would be reduced because prices and tax burden per brand would tend to be the same across the country due to the dominant price-setting strategy in the cigarette industry.

scholarly journals Sector Inquiry into Cross-Border E-Commerce: Challenges and Practical Implications for European Union Completion Law

2017 ◽  
Vol 7 ◽  
pp. 235-248
Author(s):  
Artur Szmigielski
Keyword(s):  
European Union ◽  
Competition Law ◽  
Online Markets ◽  
Dynamic Nature ◽  
Competition Analysis ◽  
Cross Border ◽  
Traditional Competition ◽  
Practical Implications ◽  
The Way

The aim of this article is to show what the practical implications are regarding the Commission inquiry into e-commerce sector launched on 6 May 2015. Because of their specific and dynamic nature, the application of competition law to online markets may prove challenging. Therefore, the focus will be also directed to challenges that could be faced when anti-competitive practices in e-commerce sector are strictly enforced. The question is whether traditional competition analysis may be sufficiently able to reflect the way in which competition takes place on digital markets.

scholarly journals ASSESSMENT OF ENVIRONMENTAL SAFETY AS A COMPONENT OF QUALITY OF LIFE IN CROSS-BORDER SUBREGIONS

2021 ◽  
Vol 2021 (2) ◽  
pp. 75-88
Author(s):  
Petro ZHUK ◽  
Keyword(s):  
Quality Of Life ◽  
Objective Assessment ◽  
International Comparisons ◽  
Subjective Assessment ◽  
Environmental Safety ◽  
Sociological Research ◽  
Cross Border ◽  
Reliable Assessment ◽  
The Impact

The results of elaborations of available theoretical-analytical materials on measuring the quality of life are generalized, their orientation mainly on the assessment of the quality of life at the macro level for international comparisons is revealed. Methodical methods for assessing environmental safety as a component of quality of life at the level of administrative subregions of neighboring countries are substantiated and proposed: subjective assessment based on sociological research using questionnaires and objective assessment with a choice of representative, comparative, reliable assessment indicators, substantiation of their standards and calculations of environmental safety indices. The results are given of approbation of the proposed methods with coverage of subjective and obtained on the basis of quantitative indicators adapted to the system of official statistics of Ukraine and Poland objective assessments of the ecological component of quality of life in the studied cross-border subregions: Zhovkva, Sokal, Yavoriv districts of Lviv Oblast of Ukraine and Jaros?aw, Przemy?l, Lubacz?w Counties of the SubcarpathianVoivodeship of Poland. Significant disparities are identified not in favor of domestic subregions in the levels of environmental safety according to the results of objective assessment, which to some extent is smoothed in subjective assessment due to its dependence on the specific values and guidelines and environmental awareness of respondents. Conclusions are made on the complementarity of the results of subjective and objective environmental safety assessment, high value of the importance given by respondents to environmental safety as a component of quality of life, the impact of environmental safety asymmetry on the results of its subjective assessment, in particular, the priority of protection and preservation of certain components natural environment aimed at solving these problems.

scholarly journals Price Setting in Online Markets: Does IT Click?

2014 ◽  
Author(s):  
Yuriy Gorodnichenko ◽  
Viacheslav Sheremirov ◽  
Oleksandr Talavera
Keyword(s):  
Price Setting ◽  
Online Markets

scholarly journals Swedish Education Exhibitions and Aesthetic Governing at World´'s Fairs in the Late Nineteenth Century

2016 ◽  
Vol 3 (2) ◽  
pp. 3-30
Author(s):  
Christian Lundahl
Keyword(s):  
Nineteenth Century ◽  
International Comparisons ◽  
Late Nineteenth Century ◽  
Policy And Practice ◽  
Local Adaptations ◽  
Modern Education ◽  
Cross Border ◽  
Regional Process ◽  
Late Nineteenth ◽  
Shed Light

For many historians of education, the emergence of a modern education system after the mid-nineteenth century was a national and regional process, neatly and carefully closed off within the borders of the nation. However, these accounts have often disregarded the effects of the flows of cross-border ideas and technologies, such as international comparisons, lesson-drawing, policy diffusion and travel, as well as local adaptations and translations of education policy originating elsewhere. The purpose of this article is to shed light on the relations between Swedish education and the international scene when it comes to policy and practice formation. The field of study is the international World´s Fairs of 1862–1904. Looking at what Sweden displayed, and understanding how visitors perceived it, the article raises questions concerning how exhibitions like these worked as mediators of educational ideals. The focus will be on the dissemination of aesthetic ideals, and the article will show that the World’s Fairs were platforms for an aesthetic normativity that had governing effects locally as well as globally.

scholarly journals Empowering knowledge generation through international data network: the IMeCCHI-DATANETWORK

2020 ◽  
Vol 5 (1) ◽  
Author(s):  
Lucia Otero Varela ◽  
Marie-Annick Le Pogam ◽  
Amy Metcalfe ◽  
Pia Kjær Kristensen ◽  
Phil Hider ◽  
...  
Keyword(s):  
Health Information ◽  
Data Sharing ◽  
International Comparisons ◽  
Knowledge Generation ◽  
Distributed Data ◽  
Local Data ◽  
Data Network ◽  
Data Infrastructure ◽  
Cross Border ◽  
International Data

IntroductionThe International Methodology Consortium for Coded Health Information (IMeCCHI) is a collaboration of health services researchers who promote methodological advances in coded health information. The IMeCCHI-DATANETWORK initiative focuses on developing a multi-purpose distributed data infrastructure and common data model (CDM) to enable cross-border data sharing and international comparisons. MethodsIMeCCHI consortium partners from six different countries – Canada, Denmark, Italy, New Zealand, South Korea, and Switzerland – used a questionnaire to describe their original databases which differ in size, structure, content and coding systems. To standardize these data, they agreed on a CDM and mapped their population-based databases to meet the CDM specifications. At the end of this process, local data had a more homogenous content and structure, which made them syntactically and semantically interoperable. Data transformation was performed using a common data management software called TheMatrix. ResultsThe CDM encompasses four tables of structured data (person characteristics, hospitalizations, outpatient prescription medication and death), linked at the individual level through a person identifier. It can be used to answer research questions across countries using locally converted databases, which facilitates study replication in a distributed fashion. As a proof-of-concept study, an initial research question was addressed using an agreed protocol. Local data were transformed in csv files in the CDM structure and TheMatrix was tested to transform the standardized data from each partner into local analytical datasets. This allowed results to be shared between countries, whilst maintaining local control over each region’s data. ConclusionThe IMeCCHI-DATANETWORK, a model of a distributed data network, demonstrated that it is feasible to analyze international data using standardized analytical methods that enable independent analyses by regions, without relocating datasets thereby protecting local confidentiality obligations. The distributed data infrastructure can produce results that can be generalized to several countries, while facilitating cross-border data sharing and international comparisons.

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