purely region/local market specific attributes. Second, we extend the estimation of the demand side and partly use it as … to instrument station density, used in classical price estimation models, (partly) with demand factors. We find that …, has an effect on price determination. -- geographical markets ; retail gasoline ; 2SLS estimation …

purely region/local market specific attributes. Second, we extend the estimation of the demand side and partly use it as … to instrument station density, used in classical price estimation models, (partly) with demand factors. We find that …