Hosken, Daniel; Silvia, Louis; Taylor, Christopher - In: American Economic Review 101 (2011) 3, pp. 45-50
We have estimated the price effects of two changes in market structure resulting from two changes in the ownership of gasoline refineries in the San Francisco Bay area: Tosco's purchase of Unocal's Rodeo refinery in April 1997 and UDS's purchase of Tosco's Avon refinery in August 2000. These...