Arteaga, Julio Cesar; Flores, Daniel - Volkswirtschaftliche Fakultät, … - 2010
set these prices do not take into account competition conditions of each market. In this paper we establish the effect of … a regulated mark-up price as well as competition on the incentives that gas stations in Mexico have to dispense less … regulated mark-up price reduces the incentives of gas stations to cheat. Similarly, more intense competition among the retailers …