Sri Lankans skip meals as food prices soar

The principal of the Ganthalawa school in the rural village of Kanthale, Sri Lanka, received an unusual request from a female student—she wanted to change her class because her classmate had stopped sharing meals with her ...

How stock market inefficiencies can affect the real economy

Mutual fund investors are known to be vulnerable to fluctuating market conditions. What is less well understood is how corporate managers are affected by waves of investor optimism. A researcher has published a study in the ...

Addressing food insecurity during the COVID-19 pandemic

In response to the rapid spread of COVID‐19, governments around the globe implemented local lockdowns that led to increased unemployment and disrupted local and international transport routes and supply chains. Whilst such ...

What happens when consumers pick their own prices?

Researchers from California Polytechnic State University and University of Oregon published a new paper in the Journal of Marketing that examines the potential benefits for firms and consumers of pick-your-price (PYP) over ...

Gaining an edge in head-to-head competition

Pairs of dominant retailers in direct competition - Macy's and Gimbel's, Saks and Bloomingdale's, Dick's and Sports Authority - are always trying to find an edge over their rival. Money back guarantees, or MBGs, and personalized ...

How to price goods and service bundles

For consumers with two left thumbs, purchasing a product that comes with installation included makes a lot of sense. But for retailers, the quandary is how to price the package in a way that's attractive to the buyer and ...

Frequently discounting maximizes retailer revenues

JC Penney implemented a "best price" strategy in 2012, assuming consumers prefer fair, everyday prices as opposed to sale prices that are discounted from original, inflated prices. It was wrong. Longtime customers—loyal ...

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