Journal article

Publication year: 2017

Pages: 32-44

Journal: International Journal on Food System Dynamics

Volume number: 8

Issue number: 1

DOI Link: https://doi.org/10.18461/ijfsd.v8i1.813

Publisher: CentMa

Abstract: 

Despite the increasing importance of online grocery retailing, little is
known about price dispersion across online providers, the relation
between online and offline prices as well as the frequency of price
adjustments. We employ means of descriptive and inductive statistics as
well as panel econometrics to address these issues for German online
food retailers. Daily online prices for twelve chocolate products
charged by eight pure online and multichannel retailers and collected
over three months are investigated. Information economics suggests that a
maturing online market will call forth more price homogeneity online
due to lower search costs by consumers as well as more flexible prices
due to lower costs of price adjustments by retailers. Our results
suggest, however, that neither homogenous prices nor frequent price
adjustments do occur on the German online chocolate market.

Harvard Citation style: Fedoseeva, S., Grein, T. and Herrmann, R. (2017) How German Online Retailers Price Foods: An Empirical Analysis for Chocolate Products, International Journal on Food System Dynamics, 8(1), pp. 32-44. https://doi.org/10.18461/ijfsd.v8i1.813

APA Citation style: Fedoseeva, S., Grein, T., & Herrmann, R. (2017). How German Online Retailers Price Foods: An Empirical Analysis for Chocolate Products. International Journal on Food System Dynamics. 8(1), 32-44. https://doi.org/10.18461/ijfsd.v8i1.813