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- W2149447738 abstract "This study examines price competition between Duty-Free Stores (DFSs). The primary research question is the relationship between the own- and cross-store price elasticities, on the one hand, and the average price levels of DFS products, on the other hand. Using a unique data set of DFS sales in Korea combined with a hierarchical Bayesian model, we show that the own- and cross-store price elasticities increase significantly with the average price level." @default.
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- W2149447738 date "2013-02-01" @default.
- W2149447738 modified "2023-10-18" @default.
- W2149447738 title "An empirical relationship between price elasticity and price levels" @default.
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- W2149447738 doi "https://doi.org/10.1080/13504851.2012.689101" @default.
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