Arbeitspapier
Rockets and feathers: Asymmetric pricing and consumer search - Evidence from electricity retailing
In many markets prices react stronger to rising than to falling costs. This asymmetric cost pass-through is still not fully understood, but recent theories suggest that asymmetric adjustments of consumers’ search efforts to rising and to falling prices may help to explain this. I use novel panel data to investigate the interaction of consumer search intensity, pricing and cost pass-through in the German residential electricity markets. I find that consumers search slightly more when prices rise but drastically decrease search efforts when they fall. Moreover, I find direct evidence that cost pass-through heavily depends on consumers’ search efforts.
- Sprache
-
Englisch
- Erschienen in
-
Series: ZEW Discussion Papers ; No. 16-070
- Klassifikation
-
Wirtschaft
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Production, Pricing, and Market Structure; Size Distribution of Firms
- Thema
-
Consumer Search
Cost Pass-through
Rockets and Feathers
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Heim, Sven
- Ereignis
-
Veröffentlichung
- (wer)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (wo)
-
Mannheim
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Heim, Sven
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Entstanden
- 2019
Ähnliche Objekte (12)
Rockets and feathers: asymmetric pricing and consumer search - evidence from electricity retailing
Electricity retailing in Norway
Resilient electricity requires consumer engagement
Effects of the proliferation of private labels in consumer goods retailing
A comparison of the environmental sustainability of brick‐and‐mortar retailing and online retailing: Contrasting academic research and consumer perceptions
Regularities in aggregated consumer behavior and prevention of stock-outs in retailing
Understanding consumer preferences in E-retailing : empirical studies on online shopping behavior
Montana Feathers
Feather, N.
Feather sketchers.
Feather Queen
Feather-Weight
Rockets and feathers: asymmetric pricing and consumer search - evidence from electricity retailing
Electricity retailing in Norway
Resilient electricity requires consumer engagement
Effects of the proliferation of private labels in consumer goods retailing
A comparison of the environmental sustainability of brick‐and‐mortar retailing and online retailing: Contrasting academic research and consumer perceptions
Regularities in aggregated consumer behavior and prevention of stock-outs in retailing
Understanding consumer preferences in E-retailing : empirical studies on online shopping behavior
Montana Feathers
Feather, N.
Feather sketchers.
Feather Queen
Feather-Weight
Rockets and feathers: asymmetric pricing and consumer search - evidence from electricity retailing
Electricity retailing in Norway
Resilient electricity requires consumer engagement
Effects of the proliferation of private labels in consumer goods retailing
A comparison of the environmental sustainability of brick‐and‐mortar retailing and online retailing: Contrasting academic research and consumer perceptions
Regularities in aggregated consumer behavior and prevention of stock-outs in retailing
Understanding consumer preferences in E-retailing : empirical studies on online shopping behavior
Montana Feathers
Feather, N.
Feather sketchers.
Feather Queen