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power. In those situations, governments could attempt to regulate the market or to increase competition. We provide the … first experimental evidence on the effect of increased competition on prices and quality relying on an intervention that … randomized the entry of retail firms into 72 local markets in the context of a conditional cash transfer program. Six months …
Persistent link: https://www.econbiz.de/10012458610
The roll-out of Wal-Mart store openings followed a pattern that radiated from the center out with Wal-Mart maintaining high store density and a contiguous store network all along the way. This paper estimates the benefits of such a strategy to Wal-Mart, focusing on the savings in distribution...
Persistent link: https://www.econbiz.de/10012464864
We investigate the impact of access to convenience stores and competition between convenience store chains on medical … levels of inter-brand competition reduce the use and cost of outpatient medical services and prescription drugs, healthcare … utilization is more responsive to changes in competition. Since convenience stores in Taiwan are typically the healthier option …
Persistent link: https://www.econbiz.de/10012453091
Using novel data describing the healthfulness of household food purchases and the retail landscapes consumers face, we … healthfulness of household consumption responds minimally to improvements in local retail environments. Our results indicate that …
Persistent link: https://www.econbiz.de/10012457540
Information frictions play a central role in the formation of household inflation expectations, but there is no consensus about their origins. We address this question with novel evidence from survey experiments. We document two main findings. First, individuals in lower-inflation contexts have...
Persistent link: https://www.econbiz.de/10012458089
Hirschman's Exit, Voice, and Loyalty highlights the role of "voice" in disciplining firms for low quality. We develop a formal model of voice as a relational contact between firms and consumers and show that voice is more likely to emerge in concentrated markets. We test this model using data on...
Persistent link: https://www.econbiz.de/10012455634
-guest rules can drive demand and supply to and from the platform, as a function of the local platform competition between Airbnb … and VRBO. Our results suggest that platform competition sometimes dampens a platform wide pro-guest rule and sometimes … reinforces it, often with heterogeneous effects on different hosts. This implies that platform competition does not necessarily …
Persistent link: https://www.econbiz.de/10012585362
consumer benefits from increased competition in a differentiated product setting: the spread of non-traditional retail outlets …Consumers often benefit from increased competition in differentiated product settings. In this paper we consider …
Persistent link: https://www.econbiz.de/10012466862
We analyze a number of unstudied aspects of retail electricity competition. We first explore the implications of load … homogeneous up to a scaling factor. In general, the combination of retail competition and load profiling does not yield the second … consumption, retail competition yields the Ramsey prices even when consumers can only partially respond to variations in real time …
Persistent link: https://www.econbiz.de/10012468220
vary as their costs change. Yet, there is no restructured electricity market in which most retail customers can be charged …
Persistent link: https://www.econbiz.de/10012468774