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This paper examines how the distribution of prices changes with the number of competitors in the market. Using gasoline … price data from the Netherlands we find that as competition increases, the distribution of prices spreads out: the low …
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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 … stations. Our analysis specifically explores the role of station heterogeneity in explaining price differences across gasoline …
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