Showing papers by "Roy Thurik published in 1992"

Expectations and retail profit margins

Abstract: In this study expectations and prediction errors are introduced in the context of retail price setting. A new model and a new data set are used to examine whether prediction errors influence retail price setting, whether prediction errors cause only limited price changes to maintain price stability and whether there are differences in influences according to whether prediction errors are positive or negative. The model is an extended version of a full costs pricing model and the averaged data are for a large number of shop types in German retailing for a long series of successive years.

Japanese Supermarket Chains and Labour Costs-Part 2

Abstract: Japan is often alleged to have an outdated and ineffecient retail system Detailed studies are needed to udnerpin these allegations In this paper we do this for the retail sector of supermarkets We study of 18 Japanese supermarket chain store corporations Characteristics of Japanese supermarkets are given in an historic overview A labour cost relationship is estimated with data of 918 establishments This relationship has already been established, tested and confirmed in many studyes on European retailing In part 1, we showed the Japanese chain store corporations diversify in assortment composition as well as in the service level In part 2, labour costs of Japanese supermarkets are studied in more detail We find statistical support for higher labour costs by more use of part-time employees, higher service level and village based store Futhermore, we compare labour costs of Japanese supermarkets with labour costs of French variety stores, supermarkets and hypermarkets We find no differences in lab