caa a22 4500 467993904 CHVBK 20180323112552.0 cr unu---uuuuu 170328e19900301xx s 000 0 eng 10.1007/BF00389893 doi (NATIONALLICENCE)springer-10.1007/BF00389893 Market disequilibria and their influence on small retail store pricing [Elektronische Daten] [Ben Bode, Johan Koerts, Roy Thurik] In this paper a quantitative model is developed to explain differences in average store price levels. We assume that stores may operate under different economic regimes, that is, under excess capacity or excess demand. Prices are expected to the higher than average in case of an excess demand regime and lower in an excess capacity situation. Actual information regarding the regime that applies to each individual store is not available. Therefore, we propose to use a so-called ‘switching model' with endogenous regime choice to analyse the store price differences. The model developed in the paper is estimated using four largely differing types of stores from the Dutch retail trade. These samples consist mainly of small stores. Kluwer Academic Publishers, 1990 Bode Ben Econometric Institute; and assistant professor of statistics, Rotterdam School of Management, Erasmus University Rotterdam (EUR), P.O. Box 1738, 3000, DR Rotterdam, the Netherlands aut Koerts Johan Econometric Institute, Erasmus University Rotterdam (EUR), P.O. Box 1738, 3000, DR Rotterdam, the Netherlands aut Thurik Roy Research Institute for Small and Medium-Sized Business (EIM), P.O. Box 7001, 2701, AA Zoetermeer, the Netherlands aut Small Business Economics Kluwer Academic Publishers 2/1(1990-03-01), 45-57 0921-898X 2:1<45 1990 2 11187 https://doi.org/10.1007/BF00389893 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF00389893 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Bode Ben Econometric Institute; and assistant professor of statistics, Rotterdam School of Management, Erasmus University Rotterdam (EUR), P.O. Box 1738, 3000, DR Rotterdam, the Netherlands aut NATIONALLICENCE 700 1- Koerts Johan Econometric Institute, Erasmus University Rotterdam (EUR), P.O. Box 1738, 3000, DR Rotterdam, the Netherlands aut NATIONALLICENCE 700 1- Thurik Roy Research Institute for Small and Medium-Sized Business (EIM), P.O. Box 7001, 2701, AA Zoetermeer, the Netherlands aut NATIONALLICENCE 773 0- Small Business Economics Kluwer Academic Publishers 2/1(1990-03-01), 45-57 0921-898X 2:1<45 1990 2 11187 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer