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Selling gasoline as a by-product : the impact of market structure on local prices
Haucap, Justus; Heimeshoff, Ulrich; Siekmann, Manuel - 2016
We use a novel data set with exact price quotes from virtually all German gasoline stations to empirically investigate … price competition. We focus on stations selling gasoline as a by-product and find that, during their exogenously determined …
Persistent link: https://www.econbiz.de/10011572420
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Rockets, Feathers, and Market Structure Changes : Asymmetric Price Adjustment in the Western Australian Gasoline Market
Hanson, Ryan - 2021
This paper investigates the asymmetric response of gasoline prices to changes in input costs, otherwise known as the …
Persistent link: https://www.econbiz.de/10013234108
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A Theoretical Framework for the Brazilian Airline Competitive Market Environment
Tadeu, Hugo Ferreira Braga; Silva, Jersone Tasso Moreira - In: Review of Economics & Finance 2 (2012) May, pp. 97-106
The purpose of this article is to elaborate a theoretical model that has adherence with the airlines companies¡¯ experiences. The objective of this paper is to help in the search of the necessary conditions to overcome the competition with appropriate pricing and consistent profits in this...
Persistent link: https://www.econbiz.de/10010927753
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Competitive strategies when consumers are relative thinkers : implications for pricing, promotions, and product choice
Inderst, Roman; Obradovits, Martin - 2020
How should firms optimally choose prices and promotional strategies and how should they position their products when consumers are "relative thinkers"? We provide answers in a model that extends the seminal contributions of Varian (1980) and Narasimhan (1988) and derive both managerial...
Persistent link: https://www.econbiz.de/10012241980
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Market structure scenarios in international steam coal trade
Trüby, Johannes; Paulus, Moritz - 2011
The seaborne steam coal market changed in recent years. Trade volumes grew dynamically, important players emerged and since 2007 prices increased significantly and remained relatively high since then. In this paper we analyse market equilibria in the years 2006 and 2008 by testing for two...
Persistent link: https://www.econbiz.de/10009011864
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Boutique Fuels and Market Power
Chakravorty, Ujjayant; Nauges, Céline - 2013
the three grades of gasoline, more than 15 types of boutique fuels are currently in use, leading to about 45 different … power of refiners. Using measures that differentiate gasoline regulation in a given state from those in neighboring states …, we find that both cost and market segmentation significantly affect wholesale gasoline prices. In particular, the greater …
Persistent link: https://www.econbiz.de/10014064539
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World Crude Oil Markets: OPEC's Supplier Power Remains Unchallenged
von Hirschhausen, Christian; Holz, Franziska; Huppmann, … - In: Weekly Report 5 (2009) 22, pp. 154-158
In spite of the sharp decline of crude oil prices since the fall of 2008, the current price level of approximately $65 per barrel is significantly higher than the long-term average. The market power of the Organization of Petroleum Exporting Countries (OPEC), which is partially responsible for...
Persistent link: https://www.econbiz.de/10011601275
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Weltölmärkte: Angebotsmacht der OPEC ungebrochen
von Hirschhausen, Christian; Holz, Franziska; Huppmann, … - In: DIW Wochenbericht 76 (2009) 23, pp. 370-375
Trotz des starken Rückgangs der Rohölpreise seit dem Herbst 2008 ist das Preisniveau mit gegenwärtig rund 60 US-Dollar pro Fass immer noch deutlich höher als im langfristigen Durchschnitt. Die Marktmacht der Organisation erdölexportierender Länder (OPEC) ist nach wie vor sehr groß und...
Persistent link: https://www.econbiz.de/10011602007
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Weltölmärkte: Angebotsmacht der OPEC ungebrochen
Hirschhausen, Christian von; Holz, Franziska; Huppmann, … - In: DIW Wochenbericht 76 (2009) 23, pp. 370-375
Trotz des starken Rückgangs der Rohölpreise seit dem Herbst 2008 ist das Preisniveau mit gegenwärtig rund 60 US-Dollar pro Fass immer noch deutlich höher als im langfristigen Durchschnitt. Die Marktmacht der Organisation erdölexportierender Länder (OPEC) ist nach wie vor sehr groß und...
Persistent link: https://www.econbiz.de/10005070911
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World Crude Oil Markets: OPEC's Supplier Power Remains Unchallenged
Hirschhausen, Christian von; Holz, Franziska; Huppmann, … - In: Weekly Report 5 (2009) 22, pp. 154-158
In spite of the sharp decline of crude oil prices since the fall of 2008, the current price level of approximately $65 per barrel is significantly higher than the long-term average. The market power of the Organization of Petroleum Exporting Countries (OPEC), which is partially responsible for...
Persistent link: https://www.econbiz.de/10005026860