It is widely believed that fuel prices tend to rise swiftly when oil prices increase, but take longer to fall after oil prices decrease. This ¡°rockets and feathers¡± pattern could be due to tacit collusion at some level of the supply chain. We test the ¡°rockets and feathers¡±...

When large retailers merge, there is a concern that a sudden and marked increase in concentration will alter the intensity and nature of price competition to the detriment of consumers. This chapter considers just such a situation in regard to UK grocery retailing, which has witnessed steadily...

This chapter provides a comprehensive discussion of the deterrence properties of a competition policy regime. On the basis of the economic theory of law enforcement, we identify several factors that are likely to affect its degree of deterrence: (1) sanctions and damages; (2) financial and human...

We study the price effects of mergers in airline networks. Guided by a review of the existing theoretical and empirical literature, we develop two classifications of routes possibly affected by an airline merger. Subsequently, we apply a difference-in-differences approach to exemplarily...

Public–Private Partnerships (PPPs) have been implemented broadly around the world in the infrastructure sector — water and sanitation, transports, energy, telecommunications — and, more recently, in the provision of public services — education, health, prisons, water...

We investigate the equilibrium market structure on competing online auction sites such as those of eBay or Yahoo! Building on the model of Ellison et al. (2004), we take full account of the complexity of network effects on such platforms. We extend the model by looking at the implication of...

A shopping situation is a particular act of buying behaviour occurring at a specific point in space and time. The purpose of this paper is to examine the impact of situational factors such as task definition, perceived risk, physical surroundings, social surroundings and temporal aspects on...

This article focuses on the tactical problem of selecting delivery patterns according to which grocery stores are repetitively supplied with products from different order segments by retail-owned distribution centers. The research environment considered consists of logistics processes in DCs,...

Grocery retailing concentration in U.S. cities increased on average in 1982, continuing a long-term trend. The all-SMSA (Standard Metropolitan Statistical Area) average four-firm concentration level in grocery retailing rose to 58.3 percent in 1982, compared with 56.3 percent in 1977, the...

Der kleinflächige Discountmarkt weist als Betriebstyp des Lebensmitteleinzelhandels europaweit und teilweise auch in Übersee kontinuierlich steigende Marktanteile auf. Besonders erfolgreich ist das Geschäftsmodell des Hard-Discounts, das vor allem von den Unternehmen Aldi und Lidl verfolgt...