Retail Price Reporting Effects in Local Food Markets

Robert D. Boynton, Brian F. Blake and Joe N. Uhl

American Journal of Agricultural Economics, 1983, vol. 65, issue 1, 20-29

Abstract: An experiment involving weekly newspaper publication of comparative food store prices in four U.S. cities stimulated competitive pricing behavior without reinforcement from consumer patronage shifts. Costs of a fixed, 100-item market basket fell, relative to control markets, an average of two percent during publication and recovered with termination of the reports. Responses varied among cities, stores, and product categories. Price dispersion was not affected. While consumers judged the information to be useful and accurate, it did not induce changes in their perceptions or shopping patterns. Grocer responses were attributed to the publicity value of the price reports.

Date: 1983
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://hdl.handle.net/10.2307/1240333 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:65:y:1983:i:1:p:20-29.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().