Showing 1 - 10 of 94
This paper studies the relationship between retail gasoline pricing strategies and potential demand. Utilising detailed …
Persistent link: https://www.econbiz.de/10012417978
This article examines the price effects of gasoline stations following a retail merger in 2022. Using detailed station …
Persistent link: https://www.econbiz.de/10015337416
Economic theory suggests that gasoline retail markets are prone to collusive behavior. Oligopoly market structures … welfare these rules either restrict the number of price changes per day or they limit the markup for gasoline retail prices … effects, using an experimental gasoline market in the lab. Our results reveal that two of the suggested rules rather decrease …
Persistent link: https://www.econbiz.de/10009515979
gasoline market. Transparent environments enable easy price comparisons and match findings. Restricting transparency such that …
Persistent link: https://www.econbiz.de/10012268956
We present a model to explain why a manufacturer may impose a minimum resale price (min RPM) in a successive monopoly setting. Our argument relies on the retailer having non-contractible choice variables, which could represent the price of a substitute good and/or the effort the retailer exerts...
Persistent link: https://www.econbiz.de/10013539548
Price levels and movements on gasoline and diesel markets are heavily debated among consumers, policy-makers, and … competition authorities alike. In this paper, we empirically investigate how and why price levels differ across gasoline stations … stations. Our analysis specifically explores the role of station heterogeneity in explaining price differences across gasoline …
Persistent link: https://www.econbiz.de/10010471687
We use a novel data set with exact price quotes from virtually all German gasoline stations to empirically investigate … price competition. We focus on stations selling gasoline as a by-product and find that, during their exogenously determined …
Persistent link: https://www.econbiz.de/10011572420
This paper investigates the effects of changes in retail market concentration when input prices are negotiated. Results are derived from a model of bilateral Nash-bargaining between upstream and downstream firms which allows for general forms of demand and retail competition. Whether...
Persistent link: https://www.econbiz.de/10011654786
We analyze oligopolistic third-degree price discrimination relative to uniform pricing, when markets are always covered. Pricing equilibria are critically determined by supply-side features such as the number of firms and their marginal cost differences. It follows that each firm's Lerner index...
Persistent link: https://www.econbiz.de/10012208315
We investigate whether online travel agents (OTAs) assign hotels worse positions in their search results if these set lower hotel prices at other OTAs or on their own websites. We formally characterize how an OTA can use such a strategy to reduce price differentiation across distribution...
Persistent link: https://www.econbiz.de/10011897506