This is an impressive volume that brings together top researchers
working on the economics of retailing and distribution. The content
ranges from rich descriptive analyses of the key aspects of
technical change driving the industry, to technical discussions of
cutting edge empirical techniques. It will be a great resource,
both for experts in the field, and researchers and graduate
students thinking of working in the area.' - Thomas J. Holmes,
University of Minnesota, US'Despite the enormity of the retail
sector and its importance to the US economy, prior to this book
there was no guide to economic research issues in retailing and
distribution. The Handbook on the Economics of Retailing and
Distribution provides the definitive synopsis of economic and
regulatory issues pertaining to this dynamic sector and defines the
frontiers of the research agenda for this emergent field.' - Judith
A. Chevalier, Yale University, US 'Entry and exit. Technical
progress. Consumer search. Big data. If you had to choose just one
sector to show the power and insight of modern economics, retail
and distribution might well be it. This excellent volume merges
theory, data, and econometrics to examine a fascinating industry,
with a rich blend of history, abstract analysis, and case studies.
Leading scholars in the field take us from first century vending
machines to e-commerce in a well-edited, authoritative, and highly
readable collection of survey articles.' - Jonathan Haskel,
Imperial College London, UK This Handbook explores and critically
examines current research in economics and marketing science on key
issues in retailing and distribution. Providing a rich perspective
for the discussion of public policy, contributions from several
disciplines and continents range from the history of chains and the
impact of multinational retailers on international trade patterns
to US merger policy in the retail context, the rise of the
Internet, and consumer-to-consumer sales. The chapters address
methodological issues such as the structural estimation of entry
games between retailers, productivity measurement when both inputs
and output are not fully observable, and demand estimation with
variable assortment. Policy issues explored include mergers,
zoning, and the regulation of buyer power, while other chapters
address some of the recent exciting developments in technology,
retail formats, and data availability. The book goes on to study
the changes in online retailing and 'big data', and to examine
competition in specific retail sectors including gasoline stations,
automobile dealerships, supermarkets, and 'big box' retail. This
state-of-the-art Handbook is an essential reference for students
and academics of economics and marketing science, and offers an
outsider's perspective to specialists in operations research, data
analytics, geography, and sociology. Contributors: V.
Aguirregabiria, E. Basker, R.R. Betancourt, A. Carden, C.
Courtemanche, A. Dukes, P.B. Ellickson, S.F. Ellison, L. Foster, T.
Geylani, J. Haltiwanger, W. Hickman, D. Hosken, M. Hwang, R. Jing,
S. Klimek, C.J. Krizan, J.H. Mortimer, C. Murry, M.D. Noel, S.
Ohlmacher, A. Pozzi, H. Raff, B.T. Ratchford, F. Schivardi, N.
Schmitt, H.S. Schneider, H. Smith, M.D. Smith, J. Suzuki, S.
Tadelis, S. Tenn, A. Zentner
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