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The theory of geographical markets is based on the notion that economic activity is not evenly spread and regional inequalities have an impact on the decisions of economic agents. Retail gasoline markets are almost perfect examples of geographical markets. The gasoline sold by the stations is a...
Persistent link: https://www.econbiz.de/10010494489
The theory of geographical markets is based on the notion that economic activity is not evenly spread and regional inequalities have an impact on the decisions of economic agents. Retail gasoline markets are almost perfect examples of geographical markets. The gasoline sold by the stations is a...
Persistent link: https://www.econbiz.de/10009154762
Persistent link: https://www.econbiz.de/10009765394
Most studies find no collusion in tournaments. This result suggests that social preferences are irrelevant in this … tournaments. Moreover, we observe that collusion between the agents and reciprocity towards the principal are mutually exclusive. …
Persistent link: https://www.econbiz.de/10008462977