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responses to rivals' price advertising and find that small, non-advertising stores raise their prices of products advertised by … rivals beyond their baseline price increase, while larger, advertising stores raise by less their prices of rival …-advertised products. We find no reductions in price dispersion across stores with the introduction of price advertising. However, those …
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in the daily retail price for gasoline (taxes excluded) for the period 1996-2004 taking care of volatility clustering by … prices. This implies timing or pattern asymmetry. This asymmetry starts three days after the change in the spot price and …This paper analyzes adjustments in the Dutch retail gasoline prices. We estimate an error correction model on changes …
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-mileage consumers. On average, about 75% to 90% of the price differentials between gasoline and diesel cars can be explained by markup …The existing tax policies toward gasoline and diesel cars in European countries provide a unique opportunity to analyze … quality-based price discrimination and the implied tax incidence. In my econometric framework, consumers choose the type of …
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