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 …

Gasoline prices in many markets follow a saw-toothed pattern known as an Edgeworth Cycle. Lewis (2009) introduces a … novel way of measuring the shape of the cycle, the median change in price, and regresses this against a number of …

classification of affected routes, we apply a difference-indifferences approach to exemplarily investigate the price effects of the … routes in which both airlines competed either on a non-stop or one-stop basis prior to the merger, substantial average price …