Edgeworth cycles represent the leading concept to explain observed pricing patterns on retail gasoline markets and have … presence, causes, and price effects of intraday Edgeworth-type cycles for an entire OECD country, using high-frequency price … data from German gasoline stations. I find vast evidence of intraday cycles across municipalities in Germany. Cycle …

To increase competition in the retail market for gasoline, Germany's Federal Cartel Office established the so … fixed effect methods and a difference-in-difference approach, this study investigates the impact of the MTU on the price … margins of gas stations. We find that the MTU fostered a more intense competition, with a reduction in price margins of 1 …

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 …

Understanding how consumers respond to price increases is key when designing price-related policies. Using microdata on …, fuel efficiency, and search. On average, consumers mitigate 38 percent of a price increase through these channels. Reducing … distance driven is the primary channel of mitigation. Increased search efforts mitigate up to 11 percent of a price increase …