This paper studies shopping hour decisions by retail chains and independent competitors. We use a Salop-type model where retailers compete in prices and shopping hours. Our results depend significantly on efficiency differences between retail chain and independent retailer. If the efficiency...

This paper studies shopping hour decisions by retail chains and independent competitors. We use a Salop-type model where retailers compete in prices and shopping hours. Our results depend significantly on efficiency differences between retail chain and independent retailer. If the efficiency...

This paper studies competition in prices and opening hours in a model with free entry. It is shown that under free competition a market failure arises: Entry is excessive and opening hours are under-provided. Restrictions on opening hours aggravate this failure. I analyze the impact of a...

This paper studies competition in prices and opening hours in a model with free entry. It is shown that under free competition a market failure arises: Entry is excessive and opening hours are under-provided. Restrictions on opening hours aggravate this failure. I analyze the impact of a...

Viele Bürgerinnen und Bürger in Deutschland heute überaus skeptisch gegenüber neuen Technologien und Innovationen, ganz gleich ob es um Gentechnik, Biotechnologie, Fracking oder die Digitalisierung geht. Hinzu kommt eine große Skepsis gegenüber zahlreichen Infrastrukturvorhaben sowie ganz...