This paper examines the effects of decentralizing decision-making in multi-establishment firms. Using a unique dataset from the Liquor Control Board of Ontario (LCBO), we assess the impact of allowing store managers to control the inventory replenishment decisions of their stores. We first...

We survey the recent empirical literature on structural models of market entry and spatial competition in oligopoly retail industries. We start with the description of a framework that encompasses various models that have been estimated in empirical applications. We use this framework to discuss...

This paper presents an estimable dynamic structural model of an oligopoly retail industry. The model can be estimated using panel data of local retail markets with information on new entries, exits and the size and growth of incumbent firms. In our model, retail firms are vertically and...

This paper is concerned with the interaction between price and inventory decisions in retailing firms and its implications on the dynamics of markups and the existence of sales promotions. We consider a model where a monopolistic competitive retailer decides price and inventories and assumes...

This paper is concerned with the interaction between price and inventory decisions in retailing firms and its implications on the dynamics of markups and the existence of sales promotions. We consider a model where a monopolistic competitive retailer decides price and inventories and assumes...