Evidence on Agglomeration in Quality Space-Revisited

Grunewald, Orlen C.; Faulds, David J.; McNulty, Mark S.

doi:10.2307/2950437

Cited by 6 publications

(3 citation statements)

References 3 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Their price and quality is in comparison to the premium product segment. Grunewald et al (1993) and Hjorth-Andersen (1988) hypothesized and found that competition among high quality products eventually tends to reduce prices over the long term; low quality products eventually disappear resulting in global markets that tend to cluster around average and high quality products. Thus, an average quality/lower priced product would be classified as an economy product.…”

Section: Price/quality Relationships Imitation and Emf Performancementioning

confidence: 97%

Generic Product Strategies for Emerging Market Exports into Triad Nation Markets: A Mimetic Isomorphism Approach

Brouthers

O'Donnell

Hadjimarcou

2005

J Management Studies

153

104

View full text Add to dashboard Cite

Based on the concept of mimetic isomorphism, we theorize that, by imitating the home country MNE modal generic product strategy in each Triad nation, emerging market firms (EMFs) can improve their export performance satisfaction. We hypothesize that EMFs which: (1) target the EU and use a Premium strategy, (2) target Japan and use a Superior Value strategy, or (3) target the USA and use an Economy strategy will, on average, achieve higher levels of satisfaction with export performance than EMFs that enter emerging markets or EMFs that employ other product strategies in Triad nation markets. Our hypothesis is tested and supported on a sample of Romanian and Chinese exporters. Managerial implications of our theory and findings are discussed. Copyright Blackwell Publishing Ltd 2005.

show abstract

Section: Price/quality Relationships Imitation and Emf Performancementioning

confidence: 97%

Generic Product Strategies for Emerging Market Exports into Triad Nation Markets: A Mimetic Isomorphism Approach

Brouthers

O'Donnell

Hadjimarcou

2005

J Management Studies

153

104

View full text Add to dashboard Cite

show abstract

“…Classic examples are the case studies by Shaw (1982) on the fertiliser market and by Swann (1985) on microprocessors. Furthermore, Hjorth-Andersen (1988) and Grunewald et al (1993) studied numerous markets and report the robust result that products tend to cluster around average and high quality, with producers providing rather consistent characteristics qualities (see also Lancaster 1990). This leads Triplett (2001, p. 148) to question the suitability of a smooth hedonic surface given that the commodity space is not dense.…”

Section: Introductionmentioning

confidence: 94%

Hedonic price function estimation in economics and marketing: revisiting Lancaster’s issue of “noncombinable” goods

et al. 2008

View full text Add to dashboard Cite

Following Lancaster's (J. Political Econ. 74(1):132-157, 1966; Variety, equity and efficiency, 1979) interpretation of his characteristics approach to consumer theory, this contribution focuses on theoretical and empirical arguments questioning the smoothness of traditional hedonic price estimation techniques. Lancaster argued strongly against "combinability", i.e., that any efficient combination of characteristics is feasible and sensible. We therefore explicitly test the impact of convexity using a set of recent non-parametric estimators. The test is carried out on a sample of 114 digital cameras whose price evolution is followed over 6 months. The hypothesis of convexity is rejected using the Li (Econ. Rev. 15(3):261-274, 1996) test. The conclusions point out implications for economics and marketing.

show abstract

“…Historical evidence shows the risk of purchasing an inferior product has decreased over time (Grunewald, Faulds, and McNulty 1993;Hjorth-Andersen 1991). In 1971, Morris found the number of "unacceptable" product ratings by Consumer Reports had dropped significantly during the previous decade.…”

Section: Product Qualitymentioning

confidence: 99%

Toward Consumer Efficiency: A Model for Improved Buymanship

Carsky

Dickinson

Smith

1995

Journal of Consumer Affairs

View full text Add to dashboard Cite

This paper suggests that changes in the economic, marketing, and social environments call for alternative approaches to the traditional models of buymanship. The authors propose a shopping model that incorporates four main tenets: (1) search is conceived as a continuous process; (2) consumers take advantage of retail price competition at one point in time and over time; (3) an acceptable set of brands and stores is integral to purchase decisions; and (4) low price on an acceptable brand triggers purchase. Implications for consumer buying, research, and consumer education are identified.

show abstract

Evidence on Agglomeration in Quality Space-Revisited

Cited by 6 publications

References 3 publications

Generic Product Strategies for Emerging Market Exports into Triad Nation Markets: A Mimetic Isomorphism Approach

Generic Product Strategies for Emerging Market Exports into Triad Nation Markets: A Mimetic Isomorphism Approach

Hedonic price function estimation in economics and marketing: revisiting Lancaster’s issue of “noncombinable” goods

Toward Consumer Efficiency: A Model for Improved Buymanship

Contact Info

Product

Resources

About