Barron, John M.; Umbeck, John R.; Waddell, Glen R. - In: International Journal of Industrial Organization 26 (2008) 2, pp. 517-531
In response to a price change by a single seller, it is common for the density of sellers in the market to influence both the quantity response of consumers and the price response of other sellers. Using field experiment data collected around a series of exogenously imposed price changes we find...