gasoline market. Transparent environments enable easy price comparisons and match findings. Restricting transparency such that … games of incomplete information with very lax data requirement. …

price information to consumers depends on how well informed they are beforehand. Theoretically, an increase in consumer … information decreases prices more, the fewer ex ante informed consumers there are. Empirically, we study mandatory price …Combining a theoretical model of imperfect information with empirical evidence, we show how the effect of providing …

Most of the literature on retail fuel markets find high-frequency and asymmetric price cycles. This is typically … explained by the model of Edgeworth price cycles. A key element of this model is that prices fall to marginal costs during a …

electricity retail markets. Consumers observe the baseline price of the incumbent and decide whether or not to search. Incumbent … providers can price discriminate between searching and loyal consumers. Empirically we show that local incumbents increase their … baseline rate while entrants decrease their tariffs if consumer search increases. Moreover, the incumbent price discriminates …

Price levels and movements on gasoline and diesel markets are heavily debated among consumers, policy-makers, and … competition authorities alike. In this paper, we empirically investigate how and why price levels differ across gasoline stations … in Germany, using eight months of data from a novel panel data set including price quotes from virtually all German …

trades in call options on the German DAX index, this paper documents substantial price dispersion across securities that are … the average spread. - OTC derivatives ; price dispersion ; investor behavior ; search costs …

retail trades in call options on the German DAX index, this paper documents substantial price dispersion across securities …

trades in call options on the German DAX index, this paper documents substantial price dispersion across securities that are …