Plan Estratégico Amazon.Com 2014-2018”

Total Page:16

File Type:pdf, Size:1020Kb

Plan Estratégico Amazon.Com 2014-2018” “PLAN ESTRATÉGICO AMAZON.COM 2014-2018” Trabajo de Investigación presentado para optar al Grado Académico de Magíster en Administración Presentado por Sra. Edith Salazar Alcos Sra. Lady Denisse Giraldo Chávez Asesor: Dr. Alejandro Flores 2019 Dedico el presente trabajo a mis padres, hermanas y sobrinos, por su constante apoyo en mi desarrollo profesional. Lady Denisse Giraldo Chavez Dedico mi esfuerzo a mis adorados mellizos Valentina y Christian, y a mi esposo por su amor e inspiración. Edith Liliana Salazar Alcos Agradecemos al Dr. Alejandro Flores Castro, por su constante asesoramiento y dedicación. Resumen ejecutivo El presente plan estratégico se ha desarrollado para una empresa líder en el comercio electrónico. Esta empresa ha posicionado su marca por sus altos estándares de calidad, logrando así estar un paso delante de sus competidores. Sin embargo, el creciente mercado obliga a Amazon Estados Unidos a realizar cambios, adoptar nuevas tecnologías, renovar los procesos de producción y comercialización, con la finalidad de poder acceder a nuevos mercados . El caso “Reinventando el comercio electrónico” nos centra en el año 2013 determinando el problema que afronta Amazon por el incremento en los costos de envio. Del año 2010 al 2013 la diferencia entre ingresos netos por ventas respecto a los costos de envío se ha ido acortando año tras año en 5,90 %, 14,11 %, 1,63 % y 7,37 ocasionando una reducción en el margen de beneficio. Lo expuesto hace necesario que se busquen nuevas formas de envío para asegurar la entrega de la última milla. A través del análisis se han identificado las oportunidades y amenazas, así como también las fortalezas y las debilidades que afronta Amazon para proponer acciones y estrategias que le permitan lograr los objetivos estratégicos. Por lo tanto, en el presente plan estratégico se proponen soluciones para que la compañía siga manteniendo su liderazgo en el mercado a largo plazo, mediante las estrategias penetración de mercado y la estrategia de desarrollo de servicio, con la finalidad de aumentar la participación de mercado otorgando una nueva opción de servicio llamado “Amazon Light”, donde se realizará un convenio con empresas para que los clientes recojan sus pedidos en sus agencias. Las estrategias mencionadas permitirán generar un valor actual neto incremental de US$ 852 millones en cinco años. Índice de contenidos Índice de tablas ............................................................................................................................. x Índice de gráficos ....................................................................................................................... xi Índice de anexos ........................................................................................................................ xii Capítulo I. Identificación del problema ..................................................................................... 1 1. Consideraciones generales ......................................................................................................... 1 2. Descripción y perfil estratégico de la empresa........................................................................... 2 3. Definición del problema ............................................................................................................. 3 4. Enfoque y descripción de la solución prevista ........................................................................... 4 Capítulo II. Análisis externo ....................................................................................................... 5 1. Análisis del entorno general (Pestel): oportunidades y amenazas ............................................. 5 1.1. Factores políticos .................................................................................................................... 5 1.2. Factores legales ....................................................................................................................... 5 1.3. Factores económicos ............................................................................................................... 6 1.4. Factores socioculturales .......................................................................................................... 7 1.5. Factores tecnológicos .............................................................................................................. 7 1.6. Factores medio ambiente......................................................................................................... 8 2. Análisis del sector ...................................................................................................................... 8 2.1. Rivalidad entre competidores .................................................................................................. 9 2.2. Poder de negociación de los proveedores ............................................................................... 9 2.3. Poder de negociación de los clientes ..................................................................................... 10 2.4. Desarrollo potencial de productos sustitutos ......................................................................... 10 2.5. Barreras de entrada ................................................................................................................ 11 2.6. Barreras de salida .................................................................................................................. 11 3. Grado de atracción general de la industria ............................................................................... 11 4. Matriz evaluación de factores externos (EFE) ......................................................................... 12 5. Matriz de perfil competitivo (MPC) ........................................................................................ 13 v 6. Conclusiones ............................................................................................................................ 14 Capítulo III. Análisis interno .................................................................................................... 15 1. Análisis de áreas funcionales ................................................................................................... 15 1.1. Administración y gerencia .................................................................................................... 15 1.2. Marketing y ventas ................................................................................................................ 16 1.2.1. Cliente ................................................................................................................................ 16 1.2.2. Perfil del cliente Amazon ................................................................................................... 17 1.2.3. Nuevos socios estratégicos – perfil del cliente actual ........................................................ 18 1.3. Operaciones y logística ......................................................................................................... 21 1.3.1. Proceso ............................................................................................................................... 22 1.4. Finanzas y contabilidad ......................................................................................................... 23 1.5. Sistemas e información ......................................................................................................... 24 1.6. Recursos humanos y cultura.................................................................................................. 25 2. Modelo de negocio de Amazon: Canvas .................................................................................. 26 3. Evaluación de la cadena de valor ............................................................................................. 26 3.1. Actividades primarias controlables ....................................................................................... 26 3.1.1. Marketing y ventas ............................................................................................................. 26 3.1.2. Personal de contacto ........................................................................................................... 27 3.1.3. Soporte físico y habilidades ............................................................................................... 27 3.1.4. Prestación ........................................................................................................................... 28 3.2. Actividad primaria no controlable ........................................................................................ 28 3.2.1. Clientes............................................................................................................................... 28 3.2.2. Otros clientes ...................................................................................................................... 29 4. Actividades de apoyo ............................................................................................................... 29 4.1. Dirección general .................................................................................................................. 29 4.2. Recursos humanos ................................................................................................................. 30 4.3. Organización interna y tecnología .......................................................................................
Recommended publications
  • Amazon Kindle Licence Limit Reached Proline
    Amazon Kindle Licence Limit Reached Hula-Hoops.Torrence alkalizing Celebrated her pithead and peopled rowdily, Bucky she hae bugged it feasibly. perfectly Radcliffe and cod remains his brew livelong perseveringly after Meier and closing legato. indefinitely or organizes any Developers being really worried about this time without notice or those of the usa. Dial into the amazon licence limit reached a poet do i access content, but for traffic mirror. Version only way that amazon licence limit reached a dedicated hosts is no longer available in the time they may not supported. Updated formatting functions file sharing model to start using the conversion task cannot be a gift. Ebooks can read for kindle limit reached a magazine or more? Gloss on at a deceptive business calling you will only keep the feed. Within a phone, amazon licence limit reached a while we add or buying decisions and should it! Period is the person calls to me to your business? Aspect of that we make it on amazon chime chat room by the internet? Piece of an application, though fairly simple screen and password incorrect state to delete the supported. Cloud reader is malformed, at the real or charities. Mark them in my amazon prime, let me to an incorrect state in the downloaded. Authorized to my kindle store, we may i can. Cannot be too long pressing on your own. Able to amazon licence limit readership of the process starts successfully downloaded over a time. Loaned ebooks you download kindle licence reached a paid cloud? Devices and the amazon chime enterprise account and let us, that they can join a different users? Resolve the limit of the same account or modifying the thing, the next to the preferences pane, and ideas of turning it on the internet.
    [Show full text]
  • Chapter 3: Socioeconomic Conditions
    Chapter 3: Socioeconomic Conditions A. INTRODUCTION This chapter analyzes whether the proposed actions would result in changes in residential and economic activity that would constitute significant adverse socioeconomic impacts as defined by the City Environmental Quality Review (CEQR) Technical Manual.1 The proposed actions would result in the redevelopment of an underutilized site with an approximately 214,000- square-foot (sf), 60-foot-tall commercial building currently anticipated to be a BJ’s Wholesale Club along with up to three other retail stores on the second level, 690 parking spaces, and approximately 2.4 acres of publicly accessible waterfront open space. The Brooklyn Bay Center site (“project site”) is located at 1752 Shore Parkway between Shore Parkway South to the east, Gravesend Bay (Lower New York Bay) to the west, and between the prolongation of 24th Avenue to the north and the prolongation of Bay 37th Street to the south. The objective of the socioeconomic conditions analysis is to determine if the introduction of the retail uses planned under the proposed actions would directly or indirectly impact population, housing stock, or economic activities in the local study area or in the larger retail trade area. Pursuant to the CEQR Technical Manual, significant impacts could occur if an action meets one or more of the following tests: (1) if the action would lead to the direct displacement of residents such that the socioeconomic profile of the neighborhood would be substantially altered; (2) if the action would lead to the displacement of substantial numbers of businesses or employees, or would displace a business that plays a critical role in the community; (3) if the action would result in substantial new development that is markedly different from existing uses in a neighborhood; (4) if the action would affect real estate market conditions not only on the site anticipated to be developed, but in a larger study area; or (5) if the action would have a significant adverse effect on economic conditions in a specific industry.
    [Show full text]
  • 1 Venditore 1500 W Chestnut St Washington, Pa 15301 1022
    1 VENDITORE 1022 MARSHALL ENTERPRISES 10TH STREET MARKET 1500 W CHESTNUT ST INC 802 N 10TH ST WASHINGTON, PA 15301 1022-24 N MARSHALL ST ALLENTOWN, PA 18102 PHILADELPHIA, PA 19123 12TH STREET CANTINA 15TH STREET A-PLUS INC 1655 SUNNY I INC 913 OLD YORK RD 1501 MAUCH CHUNK RD 1655 S CHADWICK ST JENKINTOWN, PA 19046 ALLENTOWN, PA 18102 PHILADELPHIA, PA 19145 16781N'S MARKET 16TH STREET VARIETY 17 SQUARE THIRD ST PO BOX 155 1542 TASKER ST 17 ON THE SQUARE NU MINE, PA 16244 PHILADELPHIA, PA 19146 GETTYSBURG, PA 17325 1946 WEST DIAMOND INC 1ST ORIENTAL SUPERMARKET 2 B'S COUNTRY STORE 1946 W DIAMOND ST 1111 S 6TH ST 2746 S DARIEN ST PHILADELPHIA, PA 19121 PHILADELPHIA, PA 19147 PHILADELPHIA, PA 19148 20674NINE FARMS COUNTRY 220 PIT STOP 22ND STREET BROTHER'S STORE 4997 US HIGHWAY 220 GROCERY 1428 SEVEN VALLEYS RD HUGHESVILLE, PA 17737 755 S 22ND ST YORK, PA 17404 PHILADELPHIA, PA 19146 2345 RIDGE INC 25TH STREET MARKET 26TH STREET GROCERY 2345 RIDGE AVE 2300 N 25TH ST 2533 N 26TH ST PHILADELPHIA, PA 19121 PHILADELPHIA, PA 19132 PHILADELPHIA, PA 19132 2900-06 ENTERPRISES INC 3 T'S 307 MINI MART 2900-06 RIDGE AVE 3162 W ALLEGHENY AVE RTE 307 & 380 PHILADELPHIA, PA 19121 PHILADELPHIA, PA 19132 MOSCOW, PA 18444 40 STOP MINI MARKET 40TH STREET MARKET 414 FIRST & LAST STOP 4001 MARKET ST 1013 N 40TH ST RT 414 PHILADELPHIA, PA 19104 PHILADELPHIA, PA 19104 JERSEY MILL, PA 17739 42 FARM MARKET 46 MINI MARKET 4900 DISCOUNT ROUTE 42 4600 WOODLAND AVE 4810 SPRUCE ST UNITYVILLE, PA 17774 PHILADELPHIA, PA 19143 PHILADELPHIA, PA 19143 5 TWELVE FOOD MART 52ND
    [Show full text]
  • Loyalty Programs Krasdale Foods, Ken Krasne, CEO Phillip A
    Communication Partners Worldwide, Inc. 12/9/17 Krasdale Foods: CTOWN Supermarkets Marketing & Loyalty Programs Krasdale Foods, Ken Krasne, CEO Phillip A. Schein, President CONFIDENTIAL 2005 Confidential Page 1 Communication Partners Worldwide, Inc. 12/9/17 Market Segment and Demographics: “Asians and Hispanics are wealthier than expected and underserved. Children also made the news – good and bad. The good news is their buying power is substantial and their influencing role as well. The bad news is they are obese…so selling to them more may not contribute to their longevity as customers”. [1] “Seniors and single-person households were also recognized as viable target groups because of their spending power, fueling interest among manufacturers for smaller sizes”. [1] Advertising to Growing Hispanic Market: “According to the 2000 Census Report, Hispanic Americans constitute a bigger, more dispersed, and more affluent market than previously predicted. The number of US Hispanics grew by 58% in the past decade to 35.3 million…buying power increased 118% to $452 billion (dramatically exceeding the the 68% growth in non- Hispanic buying power).” [1] Convenience and Price Critical: Brand loyalty varied significantly by category and their convenience and price drive store selections: • 37% - 24 hour operations a reason to shop a particular store • 21% - FSP • 52% - sale items and coupons “The challenges for retailers is to keep prices low while maintaining a high-value image and differentiating themselves from each other…and Wal-Mart.” [1] How Shoppers Really Feel About Advertising Inserts and Circulars: “According to Consumer Focus 2002…advertising inserts are effective marketing. Specifically 86% say trhey read inserts…” [1] 1.
    [Show full text]
  • Open Innovation Within Business Ecosystems: Lessons from Amazon.Com
    Open Innovation within Business Ecosystems: Lessons from Amazon.com Thierry Isckia Institut TELECOM – TELECOM & Management SudParis, Evry, France. E-mail: [email protected] Denis Lescop Institut TELECOM – TELECOM & Management SudParis, Evry, France. E-mail: [email protected] Abstract: Open innovation model refers to the ability for firms to open themselves up to external networks and relationships in order to gain the full potential of their investments in innovation. The development of ICTs has opened up new markets and ways of innovating. Today, platforms and Web services represent the foundation on which relationships between firms are organised. In this paper, we address the challenge of managing open innovation within business ecosystems, especially those aided by a new generation of technologies called Web services. We will draw lessons from Amazon.com to understand how this keystone organization is becoming adept at open innovation, leveraging the power of its platform thanks to its Web services package. The case study shows that by using Web services to enhance collaboration in business ecosystems, some companies could support open innovation and expand the value of the goods and services they deliver to customers. The paper concludes with a suggested research agenda dealing with the significant implications for both strategy and policy. Keywords: open innovation; business ecosystem; platform; web service; business models; interoperability; value. 1 Introduction A central characteristic of the transformation of innovation in today’s business world is the emergence of an “open innovation” model [1]. The head-to-head competition of the industrial era, where the companies with the most assets usually won, is being replaced by a more holistic model, where competition is blended with cooperation to create greater value for an entire collection of organizations.
    [Show full text]
  • 1215 Lexington Ave Flyer.Indd
    FOR SALE 1215 LEXINGTON AVE 1215 LEXINGTON AVE | NEW YORK, NY rd Streets nd & 83 Between 82 DAVID SINGER Sales Associate [email protected] (212) 257-5061 SPACE DETAILS East block between 82nd & 83rd Streets 475 sf ground fl oor 475 sf basement 15 ft frontage 10 ft ceilings Current Rent: Upon request Asking Key $: Upon request HIGHLIGHTS Great quick service restaurant opportunity located in one of Manhattans most affl uent residential neighborhoods with an average household income of $192K within a 1/4 mile Close proximity to Hunter College, Lenox Hill, New York-Presbyterian, Cornell Medical Center, Memorial Sloan Kettering Cancer Center and Hospitals Daytime population with 155,000 employees within a 1/2 mile Nearby Metro Stations New installation DEMOGRAPHICS .25 MILES .50 MILES .75 MILES Type 1 venting POPULATION 22,660 92,407 174,819 Currently operating as Portu Grill HOUSEHOLDS 12,201 53,191 100,613 Co-Tenants: Sugaring NC, Warby Parker,Sabas Pizza, Chaise Fitness, HL Purdy Inc. Opticians, Diva Nail Salon, DAYTIME EMPLOYEES 13,095 50,661 76,589 Joe & The Juice, Pressed Juicery, Starbucks, and Oren’s Daily AVERAGE HH INCOME $308,718 $247,233 $232,458 Roast 1215 LEXINGTON AVE HIGHLIGHTS | PROPERTY NEW YORK, NY katzassociates.com 2 AVAILABLE Unit: Square Footage Ground 475 Basement 475 1215 LEXINGTON AVE PLAN | SITE NEW YORK, NY katzassociates.com 3 Food Liberation alice + olivia Dalton School US Postal Service Morton Williams Gristedes Natalia Delizia 92 Zigzag Jewelry Supermarkets T-Mobile Kings Pharmacy Baskin-Robbins Reif’s Bar
    [Show full text]
  • How Will the Royal Ahold Purchase of Pathmark Supermarkets Affect Prices?
    Food Marketing Policy Issue Paper Food Marketing Policy Issue Papers address particular No. 19 August 1999 policy or marketing issues in a non-technical manner. They summarize research results and provide insights How Will the Royal Ahold Purchase for users outside the research community. Single copies Of Pathmark Supermarkets Affect Prices? are available at no charge. The last page lists all Food by Policy Issue Papers to date, and describes other Ronald W. Cotterill publication series available from the Food Marketing Policy Center. Tel (860) 486-1927 Fax (860) 486-2461 Food Marketing Policy Center email: [email protected] University of Connecticut http://vm.uconn.edu/~wwware/ fmktc.html Food Marketing Policy Center, Department of Agricultural and Resource Economics, University of Connecticut, 1376 Storrs Road, U-21, Storrs, CT 06269-4021 How Will the Royal Ahold Purchase of Pathmark Supermarkets Affect Prices? By Ronald W. Cotterill1 When a competitor buys another competitor in a local food market, prices may increase because there is less competition. The antitrust laws are designed to prevent mergers that most likely will result in higher prices. Economists do three things to help legal authorities determine whether a merger should be stopped or limited because it will likely increase sellers power over the market and consumer prices. First, economists measure the impact of a merger on the structure of a market. Then economists estimate the relationship between market structure and prices and use it to predict the impact of the merger on prices. Here we estimate the impact of the Royal Ahold/Pathmark merger on prices for each of the 16 New York and New Jersey counties and for one county in Pennsylvania and one in Delaware.
    [Show full text]
  • April 9, 2020
    The April 9 – 15, 2020 Hartford News FREE City announces additional steps to Deal with Coronavirus Crisis For Official Information on the Coronavirus go to: portal.ct.gov/Coronavirus or Coronavirus.Hartford.gov Mayor Luke Bronin and other top city concerned about gatherings or other activi- officials have introduced new measures to ty that put our community at risk, please reduce the spread of the Coronavirus pan- use the Hartford 311 app or call Hartford demic and mitigate some of its effects. 311 to let us know,” Bronin said. The virus (also known as COVID-19) is In addition, because tension will remain continuing to spread across Connecticut, with high among many families who are remain- Fairfield and New Haven Counties still ing in their homes all day and may also be reporting the most cases. As of Tuesday, facing financial strain, the Hartford Police 7,781 Connecticut residents had tested posi- Department (HPD) has formed a special tive for the Coronavirus; 1,308 had been hos- Domestic Violence Response Unit (DVRU) pitalized; and 277 had died from the disease. to operate during the Coronavirus crisis. On Monday, the City of Hartford Over the past week, HPD saw a 20 percent Mori’s Grocery opens on Franklin avenue launched a new website devoted to provid- rise in domestic abuse calls. While businesses all over the city are closing temporarily, Mori’s Grocery at 463-A Franklin ing information about the virus and ways to The DVRU will consist of police officers Avenue opened to the public for the first time last Saturday.
    [Show full text]
  • Grocery Store 541 Monroe Ave
    Updated 6/1/2021 Name Address City State Zip M & P MINI MARKET 174 CENTRAL AVE. PASSAIC NJ 07055 EL MANANTIAL II 142 S. BROAD ST. WOODBURY NJ 08096 MJ CORNER DELI & GROCERY, INC 133 N. MUNN AVE. EAST ORANGE NJ 07017 POPULAR SUPER DELI 468 FOURTH AVE. NEWARK NJ 07107 TULCINGO DELI AND GROCERY 2 CORP 256 OCEAN AVE. LAKEWOOD NJ 08701 LOS AMIGOS DELI & GROCERY 638 LIBERTY ST. TRENTON NJ 08611 MERY SUPERMARKET, LLC 101-103 1ST STREET ELIZABETH NJ 07206 QUISQUEYA SUPERMARKET 249 MADISON AVE. PERTH AMBOY NJ 08861 A & E SUPERMARKET 585 SOMERSET ST. SOMERSET NJ 08873 BROOKDALE SUPERMARKET 89 BROOKDALE AVE. NEWARK NJ 07106 DREAMER'S SUPERMARKET 71 7TH AVE. NEWARK NJ 07104 AMEZQUITA DELI & GROCERY, LLC 126 GOVERNOR ST. PATERSON NJ 07501 BELLA VISTA GROCERY, LLC 126 HOPE AVE. PASSAIC NJ 07055 BELLA VISTA SUPERMARKET 752 RIVER STREET PATERSON NJ 07524 EL BODEGON INC. 119-21 BROADWAY AVE. PASSAIC NJ 07055 LATINO MINI MARKET 207 E. MAIN ST. BOUND BROOK NJ 08805 LATINO MINI MARKET II 38 MAIN ST. FLEMINGTON NJ 08822 NORFOLK GROCERY 151 NORFOLK ST. NEWARK NJ 07103 SCARPAZI'S ONE STOP DELI 96 N. VIRGINIA AVE. PENNS GROVE NJ 08069 LAS PALMAS SUPERMARKET 6155 BERGENLINE AVE. WEST NEW YORK NJ 07093 TORRES & RODRIGUEZ DELI 21 ROEBLING AVE. TRENTON NJ 08611 TU PAIS SUPERMARKET 101 ANDERSON ST. TRENTON NJ 08611 BRIDGETON FOOD & GAS, LLC 176 N. PEARL ST. BRIDGETON NJ 08302 NOVEDADES ESPINOZA 37 S. LAUREL ST. BRIDGETON NJ 08302 AZCONA SANHICAN, LLC 2 SANHICAN DRIVE TRENTON NJ 08618 LA TAPATIA 703 MAIN STREET ASBURY PARK NJ 07712 JJ MINI MARKET 855 MONROE AVE.
    [Show full text]
  • It3-9-1-1-6.Pdf
    Jelen kötet az NHIT Információs Társadalom Technológiai Távlatai (IT3) projektjének keretében a 2007 évben készült Körkép számok tartalmának gyűjteménye, amelynek kiadására a Nemzeti Hírközlési és Informatikai Tanács és a Neumann János Számítógép-tudományi Társaság közötti együttműködés részeként került sor. Az IT3 projekt keretében elkészült valamennyi anyag megtalálható a projekt portálján: www.nhit-it3.hu • Első Kötet, amely az információs társadalommal kapcsolatos 12 fő témakör általános áttekintését tartalmazza; • Második Kötet, amelyben 20 kiemelt terület részletes elemzése ("mélyfúrása") található; • Harmadik Kötet, amelyben további mélyfúrások és alkalmazási területekre kidolgozott víziók jelennek meg; • a folyamatosan bővülő Negyedik Kötet, amely a korábban elkészült anyagok aktualizált változatait tartalmazza • valamint a kéthavonta kiadásra kerülő Körkép, amely aktuális híreket közöl az infokommunikációs technológiák és alkalmazásaik világából. Az IT3 projekt vezetője: Dömölki Bálint A projekt munkatársai: Kósa Zsuzsanna Kömlődi Ferenc Krauth Péter Rátai Balázs Egyes tanulmányok kidolgozásában további szakemberek is résztvesznek. A projekt munkáját az anyagok megvitatásában való részvételükkel segítik az IT3 Baráti Társaság tagjai Az IT3 projektet az NHIT részéről felügyelik: Bakonyi Péter Havass Miklós KÖRKÉP 2. 2007 E L Ő SZÓ Az „Információs Társadalom Technológiai Távlatai” (IT3) projekt célja az, hogy áttekintse az információs és kommunikációs technológiák (IKT) előrelátható alakulását, különös tekintettel a 2007-2013 időszak
    [Show full text]
  • Catalog of Data
    Catalog of Data Volume 5, Issue 10 October 2013 AggData LLC - 1 1570 Wilmington Dr, Suite 240, Dupont, WA 98327 253-617-1400 Table of Contents Table of Contents ................................................................................................... 2 I. Explanation and Information ............................................................................ 3 II. New AggData September 2013 ........................................................................ 4 III. AggData by Category ........................................................................................ 5 Arts & Entertainment .......................................................................................... 5 Automotive ......................................................................................................... 5 Business & Professional Services ......................................................................... 8 Clothing & Accessories ........................................................................................ 9 Community & Government ............................................................................... 13 Computers & Electronics ................................................................................... 13 Food & Dining ................................................................................................... 14 Health & Medicine ............................................................................................ 23 Home & Garden ...............................................................................................
    [Show full text]
  • On the Inefficiency of Item Pricing Laws*
    Munich Personal RePEc Archive When Little Things Mean a Lot: On the Inefficiency of Item Pricing Laws Bergen, Mark and Levy, Daniel and Ray, Sourav and Rubin, Paul and Zeliger, Ben University of Minnesota, Bar-Ilan University, McMaster University, Emory University, and Cornell University 8 October 2006 Online at https://mpra.ub.uni-muenchen.de/1158/ MPRA Paper No. 1158, posted 14 Dec 2006 UTC When Little Things Mean a Lot: On the Inefficiency of Item Pricing Laws* Mark Bergen University of Minnesota Daniel Levy** Bar-Ilan University Sourav Ray McMaster University Paul H. Rubin Emory University Benjamin Zeliger Cornell University JEL Codes: K20, L11, L81, E31 Key Words: Item Pricing Law, Cost of Item Pricing Law, Cost of Price Adjustment, Menu Cost, Retail Pricing Last Revision: October 6, 2006 * We are grateful to the anonymous referee and to the editor, Sam Peltzman, for constructive comments and suggestions and to Joel Waldfogel, the discussant at the August 2003 NBER Law and Economic program meeting in Cambridge, MA, for thoughtful and constructive comments and criticism. We also thank the participants of the May 2005 Israeli Law and Economic Association Annual Conference at Haifa University, the August 2003 NBER Law and Economics Program Meeting in Cambridge, MA, and the June 2003 INFORMS-Marketing Science Conference in College Park, MD, as well as the seminar participants at Bar-Ilan University Economics Workshop, Bar-Ilan University Law School, Hebrew University, George Mason University, Tbilisi State University, Michigan State Legislature’s House Committee of Commerce (the Michigan Item Pricing Law Subcommittee), and the Israeli Ministry of Industry, Trade, and Employment's Conferences on the Israeli Item Pricing Law, for helpful comments and discussions.
    [Show full text]