Are food price promotions predictable? The hazard function of supermarket discounts

Is the timing of food products going on sale, in the form of temporary price reductions, random or predictable? More specifically, are products more likely to go on sale the longer they remain non‐promoted? We investigate the nature and timing of sales discounts using a large database based on weekl...

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Veröffentlicht in:	Journal of agricultural economics 2022-02, Vol.73 (1), p.64-85
Hauptverfasser:	Lan, Hao, Lloyd, Tim, Morgan, Wyn, Dobson, Paul W.
Format:	Artikel
Sprache:	eng
Schlagworte:	Discounting Discounts Food Food products hazard function Prices Pricing policies Retail stores Sales Supermarkets
Online-Zugang:	Volltext
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