NEW ENTRY AND HEDONIC PRICE DISCOUNTS: THE CASE OF THE IRISH CAR MARKET*

Autor:	R. S. Thompson
Rok vydání:	2009
Předmět:	Statistics and Probability Economics and Econometrics Commerce Irish Publishing business.industry Economics language New entrants Statistics Probability and Uncertainty business Social Sciences (miscellaneous) language.human_language
Zdroj:	Oxford Bulletin of Economics and Statistics. 49:373-384
ISSN:	0305-9049
DOI:	10.1111/j.1468-0084.1987.mp49004002.x
Popis:	This paper examines the quality-adjusted entry discounts being offered on car models whose manufacturers are n ew to the Irish market. It is suggested that recent changes have made the Irish market particularly accessible. This has been reflected in large numbers of new entrants. The research uses hedonic price regre ssions to evaluate the characteristics of all models on offer to Iris h buyers and hence to isolate the discounts, if any, in the prices of those intro-duced by newcomers. Copyright 1987 by Blackwell Publishing Ltd
Databáze:	OpenAIRE
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