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Looking at a large number of markets, I find that (i) prices and variety are higher when there are two competing supermarkets than in those with a single store and (ii) the two effects are positively correlated. This pattern persists after controlling for differences across markets in a variety...
Persistent link: https://www.econbiz.de/10013037834
substitutes This article presents a standard spatial oligopoly model where the prices may be strategic substitutes …
Persistent link: https://www.econbiz.de/10014052759
Persistent link: https://www.econbiz.de/10013454312
The spatial dimension of most agricultural raw product markets (e.g., milk) and the high concentration of food processors facilitate the exercise of market power towards farmers. In the milk sector, processors that are investor-owned firms (IOFs) compete alongside processing cooperatives (COOPs)...
Persistent link: https://www.econbiz.de/10009711571
We study competition in markets with significant transport costs and capacity constraints. We compare the cases of price competition and coordination in a theoretical model and find that when firms compete, they more often serve more distant customers that are closer to plants of competitors. By...
Persistent link: https://www.econbiz.de/10011778632
This article studies competition in markets with transport costs and capacity constraints. We compare the outcomes of price competition and coordination in a theoretical model and find that when firms compete, they more often serve more distant customers who are closer to the competitor's plant....
Persistent link: https://www.econbiz.de/10011906924
Persistent link: https://www.econbiz.de/10014306266
This article provides an introduction to multimarket competition and the research stream that examines it. Multimarket competition occurs when firms meet their competitors in multiple markets and compete with them by coordinating their strategies across those markets. In this article, we present...
Persistent link: https://www.econbiz.de/10012052547
We study the entry timing and location decisions of two exclusive buyer-supplier relationships in a continuous-time spatial competition model. In each relationship, the firms determine their entry timing and location, and negotiate a wholesale price through Nash bargaining. Then, the downstream...
Persistent link: https://www.econbiz.de/10011723843
We study how information sharing between banks influences the geographical clustering of branches. A spatial oligopoly …
Persistent link: https://www.econbiz.de/10011875705