{"content":{"sharePage":{"page":0,"digests":[{"id":"48146006","dateCreated":"1323827362","smartDate":"Dec 13, 2011","userCreated":{"username":"Matt_Gray1","url":"https:\/\/www.wikispaces.com\/user\/view\/Matt_Gray1","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/48146006"},"dateDigested":1532762663,"startDate":null,"sharedType":"discussion","title":"Review","description":"Nicely done, this has the one thing that most discussions on elasticity are missing, and that is historical references. The one thing I would recommend would be to separate the elasticity equations out of the paragraphs and write them out one by one so they are more easily seen. In particular, I really enjoyed the UK car market cross elasticity example, very helpful.","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47777954","dateCreated":"1323295193","smartDate":"Dec 7, 2011","userCreated":{"username":"amdevoss","url":"https:\/\/www.wikispaces.com\/user\/view\/amdevoss","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47777954"},"dateDigested":1532762663,"startDate":null,"sharedType":"discussion","title":"Cross Price Elasticity","description":"http:\/\/coloradocollege.edu\/dept\/EC\/Commonlabs\/ELASTICITY\/elasticity.pdf<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"45337742","dateCreated":"1320086687","smartDate":"Oct 31, 2011","userCreated":{"username":"kfraymer","url":"https:\/\/www.wikispaces.com\/user\/view\/kfraymer","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/45337742"},"dateDigested":1532762663,"startDate":null,"sharedType":"discussion","title":"Academic Journal (Elasticity)","description":"This may help you with the academic journal requirement for this assignment:
\nPersonal Selling Elasticities: A Meta-Analysis.
\nhttp:\/\/search.ebscohost.com\/login.aspx?direct=true&AuthType=cookie,ip,url,cpid&custid=marion&db=buh&AN=53716169&site=ehost-live<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"44822750","dateCreated":"1319411747","smartDate":"Oct 23, 2011","userCreated":{"username":"AnqiFang","url":"https:\/\/www.wikispaces.com\/user\/view\/AnqiFang","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/44822750"},"dateDigested":1532762663,"startDate":null,"sharedType":"discussion","title":"Demand Respons to Price","description":"Price elasticity of demand indicates the responsiveness of demand for a good or service by consumers in the face of a change in its price. More precisely, it gives the percentage change in quantity demanded in response to a 1% change in price.
\n
\nElasticity differs between products. Essentials such as food, fuel and medicine are very inelastic, meaning that price increases generate only small drops in demand. However, discretionary items such as treats and purchases than can be postponed are more elastic. A rise in prices tends to have an exaggerated effect on sales.
\n
\nhttp:\/\/www.lexisnexis.com\/hottopics\/lnacademic\/<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"44381216","dateCreated":"1318849735","smartDate":"Oct 17, 2011","userCreated":{"username":"RWentink","url":"https:\/\/www.wikispaces.com\/user\/view\/RWentink","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/44381216"},"dateDigested":1532762664,"startDate":null,"sharedType":"discussion","title":"Own Price Elasticity of Demand and Netflix","description":"Netflix' recent experiences demonstrate the need to understand the own price elasticity of demand for your product before you make drastic price changes. http:\/\/www.greenbaypressgazette.com\/article\/20111016\/GPG03\/110160648\/Netflix-battered-by-more-competition<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"43919746","dateCreated":"1318183830","smartDate":"Oct 9, 2011","userCreated":{"username":"AnqiFang","url":"https:\/\/www.wikispaces.com\/user\/view\/AnqiFang","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/43919746"},"dateDigested":1532762664,"startDate":null,"sharedType":"discussion","title":"The Income Elasticity of Meat: a meta-analysis","description":"The article is talking about using meta-analysis, which involves regressing a parameter commonly estimated in the literature on variables that control for study characteristics, to estimate the income elasticity for a variety of meats. Based on the meta-regression results, the income elasticities of lamb, pork, and poultry tend to be lower than those of other meats, and the income elasticity is sensitive to a few functional forms, data regression, publication, and regional characteristics. I feel that having a more clear understanding of income elasticity is beneficial to many people, such as policymakers.
\nHere is the link for the article http:\/\/web.ebscohost.com\/ehost\/detail?vid=3&hid=25&sid=671a978a-dde1-45c0-bbb4-07b6a6533eb6%40sessionmgr14&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=buh&AN=64992697<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"43515012","dateCreated":"1317584836","smartDate":"Oct 2, 2011","userCreated":{"username":"luyuanw","url":"https:\/\/www.wikispaces.com\/user\/view\/luyuanw","imageUrl":"https:\/\/www.wikispaces.com\/user\/pic\/1317571666\/luyuanw-lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/43515012"},"dateDigested":1532762664,"startDate":null,"sharedType":"discussion","title":"Apple's pricing strategy","description":"This article is interesting. It mainly discusses Apple iPhone's pricing strategy. It analyzes Apple's target group, and then explain why Apple sells its products at a high price. It mentions that most of iPhone's users are young and technologically sophisticated. They are "relatively less price sensitive
\nthan others".
\nhttp:\/\/christophe.benavent.free.fr\/IMG\/pdf\/AINI_2008_Apple_s_Pricing_Strategy.pdf<\/a>","replyPages":[{"page":0,"digests":[{"id":"47595086","body":"Good article!
\n
\nI think something mostly missed (only a brief mention and in European markets) are pricing strategy issues when the device is sold mostly under subsidized pricing structures. In the case of the iPhone and it's competition, the carriers heavily subsidize the initial price of the phone for the consumer. This would have to play a role in their strategy and negotiations with the carriers.","dateCreated":"1323106510","smartDate":"Dec 5, 2011","userCreated":{"username":"JasonYoungBSU","url":"https:\/\/www.wikispaces.com\/user\/view\/JasonYoungBSU","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"}}],"more":0}]}],"more":false},"comments":[]},"http":{"code":200,"status":"OK"},"redirectUrl":null,"javascript":null,"notices":{"warning":[],"error":[],"info":[],"success":[]}}