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Only a few years ago, lofty valuations of Amazon.com and other Internet retailers were justified by the suggestion that consumers would be very loyal to Internet vendors. Skeptics argued that with price information so easily available on the Internet, Internet retailing would deteriorate to perfect price competition.
The most basic applications of supply and demand would suggest that prices should be higher during periods of peak demand. However, we find that, for supermarket products, prices tend to be lower during periods of peak demand periods.
The Yale School of Management is pleased to announce its partnership with the Forté Foundation, a new non-profit organization established to increase the number of women in business education and business careers, by increasing the flow of women into key educational gateways and business networks.
During the school year, many of Yale SOM's faculty members will be examining issues relating to corporate governance from many different angles. Professor Sharon Oster will present the third lecture in the full-year series at 5:30 p.m. on Thursday, October 10 in the GM Room.