Colangelo, Giuseppe; Martini, Gianmaria - In: Rivista di Politica Economica 93 (2003) 5, pp. 113-154
This paper investigates the vertical relations in the Italian retail gasoline industry to study their effects on the retail price. The retailer, in presence of a quantity-decreasing unit discount scheme on the gasoline purchased, has to decide whether to follow the retail price recommended by...