New evidence on price discrimination and retail configuration
In a frequently cited paper in the industrial organization literature, Shepard examines the extent to which gasoline stations can price discriminate by offering both selfand full-service gasoline rather than offering only a single service choice. Given the idiosyncratic nature of the data used in Shepard's original study and the recommendations of the author, this issue is re-examined using a larger and richer data set with a more typical smaller proportion of full-service-only stations. Using a panel of station-level data from the Los Angeles retail gasoline market from 1992'1995, Shepard's original findings are confirmed.
Year of publication: |
2001
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Authors: | Barron, John ; Taylor, Beck ; Umbeck, John |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 8.2001, 2, p. 135-139
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Publisher: |
Taylor & Francis Journals |
Saved in:
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