STICERD Work in Progress Seminars
Consumer Search. Evidence from Path Data
Fabio Pinna (Economics of Industry, STICERD)
Friday 17 May 2013 13:00 - 14:00
Many of our seminars and public events this year will continue as in person or as hybrid (online and in person) events. Please check our website listings and Twitter feed @STICERD_LSE for updates.
Unless otherwise specified, in-person seminars are open to the public. Please ensure you have informed the event contact as early as possible.
Those unable to join the seminars in-person are welcome to participate via zoom if the event is hybrid.
About this event
In this paper, we analyse how in-store search varies along two dimensions: the areas of the store, and the product categories. We use a novel methodology to measure search activity. Radio-frequency identification (RFID) tags allow us to measure how long a consumer stands in front of a particular product category. Store geography explains 4% of variation in search time. We also identify seven 'critical macro areas' of the stores where approx. 2% of search time is explained. Product categories account for 6% of variation in search time. For example, for each additional week between purchases of the same category by a given consumer, search time increases by 3 seconds. At the end of the paper, we also discuss further directions for research such as explaining variation in search time within and between trips, or how to identify the causal relationship between search time and price paid by the consumers.
STICERD Work in Progress seminars are held on Fridays in term time at 13:00-14:00, ONLINE, unless specified otherwise.
Seminar organisers: Philip Barteska and Alix Bonargent
For further information please contact Lubala Chibwe: l.chibwe@lse.ac.uk.
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