Arbeitspapier
Inter-temporal substitution and storable products
Storable products allow consumers to time their purchases to exploit price fluctuations. It has been documented that during promotions consumers buy more. The additional purchases are potentially intended not only for current use, but to be stockpiled for future consumption. This paper discusses the predictions of a consumer inventory model and reviews the available evidence that this model is relevant. We then discuss the implications for demand estimation and present estimates of the economic magnitude of the dynamic effect of storability.
- Language
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Englisch
- Bibliographic citation
-
Series: CSIO Working Paper ; No. 0058
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Hendel, Igal
Nevo, Aviv
- Event
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Veröffentlichung
- (who)
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Northwestern University, Center for the Study of Industrial Organization (CSIO)
- (where)
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Evanston, IL
- (when)
-
2004
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hendel, Igal
- Nevo, Aviv
- Northwestern University, Center for the Study of Industrial Organization (CSIO)
Time of origin
- 2004
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