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switch between petrol (gasoline) and ethanol, we also account for fuel choice, which increases the cost of the program …
Persistent link: https://www.econbiz.de/10011109735
We consider a duopoly with horizontally differentiated firms, where firms decide the long-term plans (locations) in addition to short-term issues (prices). As in Bárcena-Ruiz and Casado-Izaga (2014), we introduce a third entity in the city by considering the presence of a policymaker that...
Persistent link: https://www.econbiz.de/10011086648
We investigate whether car buyers are myopic about future fuel costs. We estimate the effect of gasoline prices on …-to-pay to the associated changes in expected future gasoline costs for cars of different fuel economies in order to calculate …
Persistent link: https://www.econbiz.de/10010604494
identification strategy to estimate the effect of the price of gasoline on individual vehicle model sales. We control for unobserved … vehicle and consumer characteristics by using within model year changes in the price of gasoline and sales. We find a … significant sales response, suggesting that the gasoline price increase from 2002 to 2007 explains nearly half of the decline in …
Persistent link: https://www.econbiz.de/10008534477
city level and one state level, of monthly retail and wholesale gasoline prices were conducted. Market power measures were …
Persistent link: https://www.econbiz.de/10005395000
implementing the filters. This paper addresses these two issues by applying a variance filter to a gasoline retail market …
Persistent link: https://www.econbiz.de/10010612990
The paper addresses entry barriers for a new technology – hydrogen powered cars or cars with fuel cell engines – if the network of its filling stations is missing. We use Hotelling’s model of product differentiation to characterize a situation where an incumbent firm produces the old...
Persistent link: https://www.econbiz.de/10008559117
We try to determine whether capacity expansion timing in oligopoly among incumbents can be considered mobility deterring. We study the United Kingdom ´s petroleum refining industry between 1948 and 1998. Using tobit models, evidence is conclusive about accommodation among incumbents. We infer...
Persistent link: https://www.econbiz.de/10009226953
We try to get a handle on whether capacity expansion timing patterns in oligopoly among incumbents are followed. We study the United Kingdom ´s petroleum refining industry between 1948 and 1998. Using fixed-effects logit models, we find that U.K.´s refiners have not followed any definite...
Persistent link: https://www.econbiz.de/10009226965
Motivated by policy events experienced during the last two decades by the European natural gas industry, this paper develops a simple model for analyzing the interaction between gas release and capacity investment programs as tools to improve the performance of imperfectly competitive markets....
Persistent link: https://www.econbiz.de/10010706828