The Sweezy model of price competition among private labels of chain stores
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F17%3A74015" target="_blank" >RIV/60460709:41110/17:74015 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.17221/355/2015-AGRICECON" target="_blank" >http://dx.doi.org/10.17221/355/2015-AGRICECON</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.17221/355/2015-AGRICECON" target="_blank" >10.17221/355/2015-AGRICECON</a>
Alternative languages
Result language
angličtina
Original language name
The Sweezy model of price competition among private labels of chain stores
Original language description
The aim of the paper is to verify and explain the actual effects of the Sweezy oligopoly model and its eventual impact on the consumer demand and the structure of the food supply of chain stores. The methodology of the paper is based on a comparative analysis of the structure of commodities of chain stores in the Czech Republic in terms of consumer demand and its change over time. An example of this model behavior of firms may be competition between two supermarket chains Billa and Kaufland in the market with private label products (e.g. pork meat). Results of the analysis of the Sweezy model imply that a change in company costs due to higher prices of inputs does not affect product prices and this is the reason behind the rigidity of prices in oligopolistic markets in the Sweezy model.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Agricultural Economics (Zemědělská ekonomika)
ISSN
0139-570X
e-ISSN
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Volume of the periodical
63
Issue of the periodical within the volume
7
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
9
Pages from-to
299-307
UT code for WoS article
000410677700001
EID of the result in the Scopus database
2-s2.0-85024097457